Intimation Pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015 regarding the Resignation of Ms. Rinkal & Ms. Komal, Non-Executive & Independent Director of the company w.e.f 14th April, 2025.
Awaiting price reaction for this filing.
Starlit Power Systems Ltd has informed the BSE that two Non-Executive & Independent Directors, Ms. Rinkal (DIN: 10905670) and Ms. Komal (DIN: 09441686), have resigned from the Board with effect from April 14, 2025. Both directors cited personal reasons and inability to devote required time due to personal commitments and preoccupation. Both have confirmed that there are no other material reasons for their resignation. The resignations were signed by Pankaj Saxena (DIN: 08162590) on behalf of the company's Board.
Loss of two Independent Directors on the same day may raise governance concerns, as the company will need to fill these positions to maintain the required composition of Independent Directors on its Board as per SEBI norms. Shareholders should watch for any further disclosures on board reconstitution.