Intimation regarding retirement of an Independent Director due to completion of tenure in the Company
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Golden Crest Education & Services Ltd has informed stock exchanges that Mrs. Ruchi Gupta (DIN: 07283515), an Independent Woman Director, will retire from the board effective end of business on August 31, 2025. This is happening because she is completing her second and final term as an Independent Director, which is the maximum tenure permitted under company law. The Board has recorded its appreciation for her service during her time on the board. The company has filed the required disclosures under SEBI Listing Regulations, and the Managing Director & CEO Yogesh Lama has signed the intimation. No replacement appointment has been announced in this filing.
This is a routine, scheduled departure after the director completed the maximum two terms allowed. It is a non-event for shareholders with no expected impact on operations or stock price, though the board will need to fill the vacant independent director position in due course.