As per the e-mail query of BSE dated 15th December 2025, submitted clarification on resignation of Independent Director Mrs. Ch. Lakshimi Kumar (DIN: 06942473) under 30 of SEBI (LODR) Regulations ....
MADHUCON · price
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Madhucon Projects Ltd has provided a clarification to BSE regarding the resignation of Independent Director Mrs. Ch. Lakshimi Kumari (DIN: 06942473), originally announced on 8 November 2025. The resignation was due to personal reasons and preoccupations and was accepted by the Board at its 613th meeting on the same date. The Company confirmed that she does not hold any directorships in other listed entities and that there are no other material reasons beyond those disclosed under SEBI (LODR) Regulations. The communication was signed by D. Malla Reddy, Company Secretary & Compliance Officer, on 24 December 2025.
This is a procedural disclosure with no material impact on operations or share price. The departure of one Independent Director is routine and the company has fully complied with BSE's clarification request, suggesting no governance concern for shareholders.