Jai Corp Limited has informed the Exchange regarding Change in Director(s) of the company.
JAICORPLTD · price
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Awaiting price reaction for this filing.
Jai Corp Limited has informed the exchanges that Ms. Shruti A. Shah (DIN: 08337714), an independent woman director, will complete her first term on 28th June 2025. She was originally appointed at the 35th Annual General Meeting held on 28th December 2020 for a five-year term starting 29th June 2020. She has chosen not to seek re-appointment for a second term. The company has disclosed the required details under SEBI's July 2023 circular regarding the change. The intimation was signed by Company Secretary Ananjan Datta on 28th June 2025.
This is a routine end-of-term exit of one independent director, not an abrupt resignation. Investors should watch for the company to appoint a replacement independent director to maintain the minimum board composition required under SEBI listing rules. Short-term impact on the stock is expected to be neutral.