HALEOS LABS LIMITED has informed the Exchange about Resignation of Director/KMP/SMP
HALEOSLABS · price
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Mrs. Sundaramma Patibandla has tendered her resignation as Independent Director of Haleos Labs Limited with effect from May 29, 2026. She cited preoccupation and other professional commitments as the reason. With her resignation, she has also ceased to be a member of the Audit Committee, Nomination & Remuneration Committee, and Stakeholders' Relationship Committee. The Board has accepted her resignation and placed on record its appreciation for her contribution. The company has confirmed that the Board composition remains compliant with Regulation 17 of SEBI LODR regulations. The company further clarified that there is no other material reason for her resignation beyond those stated, and she does not hold any directorship in other listed entities.
The resignation of one independent director is unlikely to have major market impact since the company confirms continued regulatory compliance. However, it does reduce board independence temporarily until a replacement is appointed.