Intimation for Resignation of Mr. Sanjeev Arora from the Company Board
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Mr. Sanjeev Arora (DIN: 00077748), the Managing Director of Hampton Sky Realty Ltd, has resigned from the Board with effect from August 3, 2025. He has also stepped down as Director from all three wholly-owned subsidiaries — Hampton Sky Hotels Pvt Ltd, Hampton Sky Hospitality Pvt Ltd, and RPIL Healthcare Pvt Ltd — on the same date. The reason is his recent election as a Member of the Legislative Assembly from Punjab and his subsequent appointment as a Cabinet Minister in the Punjab Government. In his resignation letter, he stated that his public service duties make it untenable for him to continue holding the directorship, as he cannot devote the necessary time and attention to company matters. The disclosure has been made under SEBI Listing Regulations with all required annexures attached.
The company loses its Managing Director simultaneously across the parent and all three subsidiaries, which may create a short-term leadership vacuum. However, the exit is voluntary and driven by a political appointment rather than any governance or performance issue, so the long-term impact on the stock may be limited unless a permanent successor is not appointed quickly.