LASA SUPERGENERICS LIMITED has informed the Exchange about Resignation of Independent director.
LASA · price
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Two Independent Directors of Lasa Supergenerics Limited — Mr. Ajay Sukhwani (DIN: 07811551) and Ms. Ekta Gurnasinghani (DIN: 07811337) — resigned from the board effective Monday, August 4, 2025. Both directors cited the company's 'non-operational status and lack of business activity' as the reason, stating these conditions limited their ability to contribute meaningfully. Neither director holds any other listed-entity directorship or committee position. The company has filed the disclosure under SEBI Listing Regulations and has attached the resignation letters.
This is a significant red flag for shareholders — the simultaneous exit of both Independent Directors citing non-operational status suggests the company may have effectively ceased business operations. The stock may face pressure and investors should watch for further disclosures on the company's going-concern status, any trading suspension, or revival plans.