Madhucon Projects Limited has informed the Exchange regarding Cessation of Mr Seethaiah Nama as Executive Director of the company w.e.f. April 30, 2025.
MADHUCON · price
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Madhucon Projects Limited has informed the exchange that Mr. Seethaiah Nama has ceased to be the Executive Director of the company with effect from April 30, 2025. No reason for the cessation has been disclosed in the filing. The announcement is a routine corporate disclosure informing the stock exchange about a change in the board composition. Shareholders may want to watch for further filings to understand whether this is a planned transition or part of broader leadership changes. No appointment of a replacement director has been mentioned in this filing.
This is a single-director exit without stated reasons, which may raise mild governance questions but on its own is unlikely to materially affect the stock price. Investors should monitor for any follow-up filings explaining the circumstances or announcing a successor.