Disclosure under Reg 30 SEBI (LODR) Reg 2015, Resignation of Geeta Devi from the post of Non executive independent director
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JLA Infraville Shoppers Ltd has announced the resignation of Mrs. Geeta Devi (DIN: 10313906) from her position as Non-Executive Independent Director, effective 11th April 2026. The stated reason for her resignation is the non-payment of sitting fees since April 2025, indicating financial difficulties or cash flow constraints within the company. The company has confirmed receipt of her resignation and obtained her confirmation that there are no other material reasons for departure. Geeta Devi also served as an Independent Director on the board of Unishire Urban Infra Limited. The resignation comes just days before the effective date, suggesting an urgent situation.
This resignation highlights potential governance and financial concerns at JLA Infraville Shoppers Ltd, as an independent director cited non-payment of fees for nearly a year. The departure may raise red flags for investors regarding the company's financial health and board composition.