RESIGNATION OF VIMAL MAFATLAL PATEL
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Konndor Industries Ltd has informed the stock exchanges that Mr. Vimal Mafatlal Patel (DIN: 02660486) has resigned from the position of Director on the company's board. The resignation takes effect from March 6, 2026, after the close of business hours. Mr. Patel cited pre-occupations elsewhere as the reason for stepping down. The board meeting to note this resignation was held on the same day, from 2:00 PM to 3:00 PM. The company has been asked to file the necessary forms with the Registrar of Companies to complete the required compliances.
This is a single non-executive director exit with no disclosed governance concerns or operational disruption. It is a routine board-level change and is unlikely to have a material impact on the company's operations or stock price, though shareholders may note the reduction in board strength.