India Tourism Development Corporation Limited has informed the Exchange regarding Cessation of Mr Manan Kaushal as Independent Director of the company w.e.f. April 16, 2026.
ITDC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
India Tourism Development Corporation Limited (ITDC) has announced the cessation of Mr Manan Kaushal (DIN: 09477888) as an Independent Director effective April 15/16, 2026. The departure is due to the completion of his tenure as an Independent Director, as disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company secretary VK Jain signed the filing dated April 15, 2026. The filing does not mention any new appointment to fill the vacancy or any concerns regarding the transition.
The exit of a single independent director upon tenure completion is a routine governance event with minimal short-term market impact. However, it reduces board independence and shareholders should monitor whether the company appoints a replacement to maintain board composition compliance.