InfoBeans Techno. Ltd. has informed the Exchange regarding Cessation of Mrs Shilpa Saboo as Non- Executive Independent Director of the company w.e.f. July 14, 2025.
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InfoBeans Technologies has informed the stock exchanges that Mrs. Shilpa Saboo has ceased to be an Independent Director of the company with effect from July 15, 2025. The reason for her departure is the completion of her second consecutive term as Independent Director, which ended on July 14, 2025. This is a routine disclosure under SEBI Listing Regulations, and the company has recorded its appreciation for her contributions during her tenure. No replacement appointment details were mentioned in this filing.
This is a routine, planned exit due to end of term and is unlikely to have any material impact on the stock price or business operations. Investors may want to watch for a future announcement regarding the appointment of a new Independent Director to fill the vacancy on the board.