Two independent directors resign; board committees to be reconstituted
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company accepted the resignations of independent directors Sumant Laxminarayan Periwal and Anandkumar Parmeshwar Agrawal, effective at the close of business on 13 August 2026. Both cited completed tenures and other professional commitments and confirmed no other material reasons. New independent directors are yet to be appointed, after which three board committees will be reconstituted. The board also approved June-quarter results and appointed an internal auditor.
Two independent directors leaving together may weaken board oversight until replacements are appointed. No material dispute or governance concern was reported.