Announcement under Regulation 30 of SEBI(LODR) Regulations- Resignation of Executive Director
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IFL Enterprises Ltd has informed the stock exchanges that Mr. Meet Sureshbhai Chhatrala (DIN: 10778872) has resigned from the position of Executive Director, effective from the close of business hours on December 13, 2025. He cited pre-occupation with other matters as the reason for stepping down and confirmed there are no other material reasons behind his exit. The Board has placed on record its appreciation for his contribution during his tenure. The company's Managing Director & CFO, Mr. Akshaykumar Shailendra Didawala, continues in his role, and no other board changes were announced in this filing.
The departure of an Executive Director is a board-level change at a small-cap company and may raise minor governance concerns among investors, though the reason given (pre-occupation) is routine. Shareholders should watch for any further board changes or disclosures about how the responsibilities will be handled going forward.