Garuda Construction and Engineering Limited has informed the Exchange regarding Cessation of Mr. Rajvirendra Singh Rajpurohit as Independent Director of the company w.e.f. May 04, 2025.
GARUDA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Garuda Construction and Engineering Limited has informed the stock exchanges that Mr. Rajvirendra Singh Rajpurohit (DIN: 06770931) has resigned from the post of Non-Executive Independent Director, effective May 1, 2025. The resignation is due to pre-occupation in other professional assignments and inability to devote time to attend board meetings. The director has confirmed there are no other material reasons for his resignation. The Board accepted the resignation during a meeting held on May 1, 2025 (2:30 pm to 3:30 pm). Mr. Rajpurohit also holds independent directorships in Nidhan Commercial Co Limited, Sizemasters Technology Limited, and G-Tec Jainx Education Limited.
This is a routine board-level change with no governance red flags, as the outgoing director confirmed there are no material reasons for stepping down. Shareholders should monitor whether a replacement independent director is appointed within the timelines required under SEBI listing rules and the Companies Act to maintain board composition norms.