Intimation Regarding Resignation of Usha Yogesh Patel, Independent Director pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulation, 2015.
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GSB Finance Ltd has informed the BSE that Ms. Usha Yogesh Patel (DIN: 06927669) has resigned from her position as Independent Director of the company, effective from the close of business hours on December 2, 2025. The reason cited is the proposed management change of the company, and she confirmed there are no other material reasons for her departure. The Board has placed on record its appreciation for her contributions during her tenure. The company is signalling an upcoming change in its management structure.
This is a routine board-level change linked to an expected management overhaul. Shareholders should watch for further announcements regarding the proposed management change, including potential new appointments and any strategic direction shifts. No immediate red flag as the director confirmed no material governance concerns.