Intimation for cessation of Mr. Pradip Kumar Das as Nominee Director (designated as Non-Executive Chairman) of the Company in terms of Regulation 30 of SEBI (LODR) Regulations, 2015.
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GEE Ltd has informed the stock exchanges that Mr. Pradip Kumar Das (DIN: 06593113) has ceased to be the Nominee Director designated as Non-Executive Chairman of the company, effective June 21, 2025. The cessation has come about pursuant to an NCLT order in CA 215/2024 in C.P. 306(MB)2023, suggesting the change is being driven by a judicial/tribunal directive rather than a voluntary resignation. The disclosure is being made under Regulation 30 read with Schedule III of the SEBI LODR Regulations, 2015. The filing is signed by Mr. Umesh Agarwal, Whole-Time Director designated as Joint Managing Director.
Shareholders should note this is not a routine board change — it is being forced by an NCLT order, which could signal ongoing corporate governance or legal issues at the company. Investors may want to seek more details on the NCLT proceedings to understand the broader implications for the board and the company's direction.