Kotyark Industries Limited has informed the Exchange regarding Resignation of Mrs Rashmi Kamlesh Otavani as Non- Executive Independent Director of the company w.e.f. November 13, 2025.
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Mrs. Rashmi Kamlesh Otavani has resigned from the position of Non-Executive Independent Director of Kotyark Industries Limited, effective November 13, 2025. The reason for resignation has not been disclosed in the filing. The company has not yet announced a replacement for the vacant independent director seat. As an independent director, she was part of the board's oversight mechanism and likely sat on key board committees.
A single independent director resignation is generally a routine board change with limited impact on stock price, though shareholders should watch for timely appointment of a replacement to maintain the required composition of the board and audit committee.