In terms of Regulation 30(2) read with Part A of Schedule III of the Listing Regulations, we hereby inform that the Company has received Resignation letter from Mr. Manan Jain, Independent ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jhandewalas Foods Ltd has informed the stock exchange that Mr. Manan Jain, an Independent Director of the company, has resigned from the board effective from the close of business hours on May 16, 2025. The reason cited is personal and professional commitments, with no other material reasons disclosed. Mr. Jain also serves on the board of Solar91 Cleantech Limited. The company has confirmed that there are no other material reasons behind the exit. The Managing Director, Raakesh B Kulwal, has signed the intimation.
This is a routine single independent director resignation with no governance red flags or reasons that could negatively impact the stock. Shareholders should note the vacancy on the board, which the company will likely need to fill within the timelines prescribed under SEBI Listing Regulations to maintain the required composition of independent directors.