LASA SUPERGENERICS LIMITED has informed the Exchange about Resignation of Independent director.
LASA · price
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Mr. Hardesh Tolani (DIN: 07811319) has resigned as Independent Director of Lasa Supergenerics Limited, effective 31st July 2025. In his resignation letter, he specifically cited the company's 'non-operational status and lack of active business operations' as the reason, stating these issues limited his ability to meaningfully contribute as a board member. He confirmed there are no other material reasons for his departure and holds no directorships in other listed entities. The company has disclosed this under SEBI Listing Regulations.
This is a significant red flag for shareholders — the outgoing director has publicly flagged that the company is non-operational and has no active business. This raises serious concerns about the company's going concern status and may negatively affect investor confidence and stock sentiment.