Hindustan Zinc Limited has informed the Exchange regarding Resignation of Ms. Pallavi Joshi Bakhru (DIN: 01526618) as Independent Director of the company w.e.f. April 30, 2026.
HINDZINC · price
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Ms. Pallavi Joshi Bakhru has resigned as Independent Director of Hindustan Zinc Limited, effective April 30, 2026. She cited her association with Grant Thornton Bharat LLP and the proposed appointment of Walker Chandiok & Co LLP as statutory auditors for Vedanta Group companies (both Grant Thornton International member firms) as the reason. She resigned to comply with applicable independence and governance requirements. The company has appointed Dr. Aruna Sharma, a retired IAS officer from the 1982 Madhya Pradesh cadre and former Secretary, Ministry of Steel, as an Additional Independent Director for a one-year term starting May 1, 2026. Dr. Sharma also joins the Corporate Social Responsibility Committee.
The board maintains its independent character with the replacement appointment. The resignation was driven by regulatory independence requirements rather than governance concerns, which is a positive compliance signal for shareholders.