Revised disclosure of cessation of Independent Director. The reason for revised disclosure is due to typo graphic error in Annexure page 1 i.e. name of the Director on second column. ....
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Mr. Sanjay V. Chinai (DIN: 00245418) ceased to be an Independent Director of Garware Marine Industries Limited effective 14th October 2025, upon completion of his second term. This is a revised disclosure filed to correct a typographic error in the director's name in the original filing. The Board still comprises six directors, including three Independent Directors, ensuring compliance with board composition norms. Mr. Amir J. Pradhan, who was appointed as a Non-Executive Independent Director earlier, continues on the Board.
This is a routine tenure completion with no governance red flags. Shareholders are unlikely to see any material impact on the stock, as board composition and independent director requirements remain intact.