Khaitan (India) Limited has informed the Exchange regarding Resignation of Mrs Sujata Chatterjee as Non- Executive Independent Director of the company w.e.f. July 01, 2025.
KHAITANLTD · price
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Khaitan (India) Limited has informed the stock exchanges that two Independent Directors, Mr. Sandip Chatterjee and Mrs. Sujata Chatterjee, have resigned from the Board with effect from July 1, 2025. Both cited personal pre-occupations as the reason and confirmed there are no other material reasons for stepping down. With their exit, both also cease to be members of the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee. The disclosure was filed on July 2, 2025 under SEBI LODR Regulation 30.
The simultaneous resignation of two Independent Directors, including members of the Audit Committee, weakens board composition and may raise short-term governance concerns. Shareholders should watch for timely appointment of new independent directors to restore compliance and committee strength.