Resignation of Mr. Raj Rathi, Non-Executive Independent Director of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Raj Rathi (DIN: 06415577), Non-Executive Independent Director of Greenhitech Ventures Ltd, resigned from the board effective August 2, 2025, citing personal reasons. He was also serving as Chairman of the Audit Committee and Chairman of the Nomination and Remuneration Committee. The company has confirmed there are no other material reasons for his resignation and the board has accepted it with immediate effect. Greenhitech Ventures is listed on the BSE SME platform (scrip code: 544163) and is based in Varanasi, Uttar Pradesh. The resignation letter from Mr. Rathi has been attached as required under SEBI's Regulation 30 read with the November 11, 2024 circular.
The loss of an independent director who also chaired two key board committees may temporarily impact committee functioning, and the company will need to fill the vacancy within SEBI's prescribed timelines to remain compliant with board composition rules. For shareholders, this is a routine personal resignation with no governance red flags, but any further independent director exits would warrant closer attention.