Pursuant to Regulation 30 of LODR, we would like to inform you that Mr. Shardul Sangal, Non Executive Non Independent Director of the Company has tendered his resignation with effect from ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.7 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Globtier Infotech Ltd has informed the stock exchanges that Mr. Shardul Sangal (DIN: 10771098), a Non-Executive Non-Independent Director on the company's board, has resigned with effect from the close of business hours on 25 September 2025. In his resignation letter, Mr. Sangal cited personal and professional commitments and stated he was unable to devote sufficient time to the company's affairs. The disclosure has been made under Regulation 30 of the SEBI Listing Regulations, with the detailed reason and resignation letter attached as annexures. The company has confirmed there are no material reasons for the resignation beyond what is mentioned in the letter.
This is a routine board-level change involving a non-executive non-independent director who cited personal reasons. No governance red flags or financial implications have been flagged, so the impact on shareholders is likely minimal.