Intimation for Resignation of Ms. Rakha Rani Naraniwal from the Post of Independent Director of the Company w.e.f. 05th June 2026
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Gujarat Toolroom Ltd has informed the stock exchanges that Ms. Rekha Rani Naraniwal (DIN: 08467886) has resigned as an Independent Director of the company, effective June 5, 2026. She cited preoccupation and other professional commitments as the reason for stepping down. She held no shares in the company and confirmed there are no other material reasons behind her exit. The resignation letter has been attached and submitted under SEBI's LODR disclosure requirements. The Managing Director, Mr. Arunkumar Udaybhai Dave, signed the intimation to BSE.
This is a routine board-level change with a personal reason cited, no governance flags raised, and no material concerns disclosed — the exit of a single independent director is unlikely to materially affect the stock price or shareholder interests.