Please find the attached Intimation for Resignation letter received from the Independent Director - Rajesh Nambiar
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Rajesh Nambiar has resigned as a Non-Executive Independent Director of Lykis Ltd with effect from May 28, 2026. The resignation was submitted due to his pre-occupation and other professional commitments, which he stated would prevent him from devoting sufficient time to effectively discharge his duties. The company has received confirmation from Mr. Nambiar that there are no material reasons for his resignation beyond those stated. Mr. Nambiar did not hold any directorship in other listed entities. The Managing Director, Mr. Nadir Dhrolia, signed the intimation to BSE dated May 29, 2026.
The resignation of a single independent director is unlikely to have any immediate material impact on the company's operations or stock price, as the board remains intact with other directors. However, investors should monitor whether the company appoints a replacement independent director to maintain board compliance.