Madhav Copper Limited has informed the Exchange regarding Cessation of Mr. Chaitnya Bhanubhai Doshi as Non- Executive Independent Director of the company on completion of Second term w.e.f. September 30, 2025.
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Madhav Copper Limited has informed the stock exchange that Mr. Chaitnya Bhanubhai Doshi (DIN: 07600986) will cease to be a Non-Executive Independent Director of the company with effect from September 30, 2025. This is because his second consecutive term as Independent Director concluded at the close of business on September 29, 2025. As a result, he will also step down as Member/Chairperson of any Board Committees on which he served. The Board recorded its appreciation for his guidance and contribution during his tenure. The disclosure has been made under Regulation 30 of the SEBI Listing Regulations.
This is a routine, planned end-of-tenure change and not a sudden resignation, so it is unlikely to have a material impact on the stock price. Shareholders may, however, watch for the appointment of a replacement Independent Director to ensure the Board continues to meet required composition norms under SEBI rules.