Intimation of retirement of Independent Director
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Jeevan Scientific Technology Limited has informed the stock exchange that Mr. Bhanu Prakash Gali (DIN: 00375298) ceased to be an Independent Director of the company with effect from September 29, 2025. His departure is on account of the natural conclusion of his second consecutive 5-year term as an Independent Director, meaning he completed the maximum tenure permitted under the Companies Act for independent directors. The company has recorded its appreciation for his contributions during his tenure. No material reason or governance concern has been flagged, and the disclosure has been made under SEBI LODR Regulation 30.
This is a routine, planned retirement with no governance red flags and is unlikely to have any material impact on the stock price or operations. Investors should watch for whether a replacement Independent Director is appointed soon to maintain the required board composition.