1. To take note of the Resignation of Mr. Achal Kapoor (DIN: 09150394) resigned from the office of Independent Director of the Company with effect from close of business hours of 20th June ....
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The Board of Kotia Enterprises accepted the resignation of Mr. Achal Kapoor (DIN: 09150394) as Independent Director, effective close of business hours on June 20, 2025, citing personal reasons and professional commitments. Mr. Kapoor confirmed there are no other material reasons behind his departure; he also serves on the boards of 5 other listed companies including Goyal Alumiuniums, EMS Limited, and Addi Industries. To fill the vacancy, the Board appointed Ms. Nikita Sinha (DIN: 11126745) as an Additional Non-Executive Independent Director for a 5-year term (June 20, 2025 to June 19, 2030), subject to shareholder approval. Ms. Sinha is a qualified Company Secretary with experience since July 2017 in corporate law, securities law, SEBI regulations, and compliance.
This is a routine board-level reshuffle with no governance red flags — one independent director steps down for personal reasons and is immediately replaced, keeping the board composition intact. Shareholders are unlikely to see any material impact on the stock or company operations.