Resignation of Non-executive Independent Director
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Awaiting price reaction for this filing.
Mr. Jaljeet Ajani (DIN: 07977686) has resigned from his position as Non-Executive Independent Director of Landmarc Leisure Corporation Ltd, effective August 7, 2025. The reason cited is pre-occupation and personal commitments, with no other material reasons disclosed. The company confirmed compliance with SEBI LODR Regulation 30 disclosure requirements. The letter was signed by Whole Time Director K.R. Mahadevan, and the full resignation letter from Mr. Ajani was annexed. This is a single independent director exit with no governance flags raised.
This is a routine board-level change with a personal-reason resignation from one independent director; it is unlikely to materially affect the stock price or shareholder value. Investors may want to track whether a replacement independent director is appointed within the SEBI-prescribed timeline to maintain board composition norms.