IKIO Technologies Limited has informed the Exchange about clarification letter with reference to the e-mail dated 06th April, 2026 received from BSE
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IKIO Technologies Limited has disclosed the resignation of Ms. Rachana Chowdhary as an Independent Director, effective from the close of business on 04th April, 2026. The reason stated is that her family has relocated to Singapore, making it difficult for her to continue her responsibilities. In a follow-up clarification to BSE, the company confirmed that Ms. Chowdhary does not hold any directorship in other listed entities, nor is she a director in IKIO's subsidiaries or a member of any committees. The company has submitted this intimation under SEBI Regulation 30 of the Listing Regulations. Ms. Chowdhary has confirmed there is no other material reason behind her resignation beyond the family relocation.
The resignation of one independent director is a routine corporate event with minimal immediate impact on operations. However, it reduces the board's independence composition and the company will need to appoint a new independent director to meet regulatory requirements.