Lasa Supergenerics Limited has informed the Exchange regarding Resignation of Mr Ms. Manali Bhagtani, Independent Director as Non- Executive Independent Director of the company w.e.f. July 31, 2025.
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Ms. Manali Bhagtani (DIN: 08067867) has resigned as Independent Director of Lasa Supergenerics Limited effective July 31, 2025. In her resignation letter, she cited the company's non-operational status and lack of active business operations as the reason, stating it limits her ability to meaningfully contribute as a board member. The company has confirmed there are no other material reasons for the resignation. This is a single director departure with no new appointment announced in this filing.
This is a red flag for investors — an independent director publicly citing that the company is non-operational and lacks active business suggests serious operational and governance concerns. Shareholders should watch for further disclosures on the company's business status, potential board reconstitution, and any revival plans.