REVISED INTIMATION FOR RESIGNATION OF DIRECTOR WITH ADDITIONAL DETAILS OF OUTGOING DIRECTOR AS PER SEBI CIRCULAR OF NOVEMBER 2024 ATTACHED AS PER BSE EMAIL REQUIREMENTS FOR RESIGNATION ....
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Mr. Kamal Kant Rao, an Independent Director on the board of Khyati Multimedia Entertainment Ltd, resigned from the board effective 30 September 2025 citing personal reasons, health issues, and the expiry of his two consecutive 5-year terms as Independent Director. The Board accepted his resignation on the same day and reconstituted all three sub-committees — Audit, Nomination & Remuneration, and Stakeholder Relationship — with the remaining directors Rajesh Chinubhai Sutaria, Khyati Bhavya Shah, and Radheshyam Rampal Patel. Mr. Rao, who chaired the Audit Committee and was a member of the other two committees, is no longer associated with the company in any capacity. This is a revised filing to BSE providing additional details about the outgoing director as required by SEBI's November 2024 circular.
This is a routine exit linked to the mandatory 10-year term expiry and personal health, with no governance red flags. The board still meets independent director requirements, so the stock price impact is expected to be negligible.