Resignation of Independent Director.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Rajendra Singhvi (DIN: 08322932), a Non-Executive Independent Director on Lykis Ltd's board, has resigned with effect from March 27, 2026. He cited 'change in management' as the reason for stepping down and confirmed there are no other material reasons for his exit. He was a member of the Audit Committee and Chairman of the Stakeholder Relationship Committee, so his departure creates vacancies on both key board committees. The intimation has been filed with BSE under Regulation 30 of the SEBI Listing Regulations, and the company has confirmed no governance concerns beyond what is stated in the resignation letter.
The exit leaves Lykis with a board-level vacancy, particularly on the Stakeholder Relationship Committee where Mr. Singhvi was Chairman, so investors should watch for a replacement appointment. Since no governance red flags were raised and the reason given is routine, the immediate impact on the stock is likely limited.