This is to inform you that Board of Directors in their meeting held today took note of Retirement of Mr. Dhruv Ajani, Additional Director wef 25.06.2025 after end of working hours
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The Board of Directors of Maharashtra Corporation Ltd, at a meeting held on the day of the announcement, noted the retirement of Mr. Dhruv Ajani from his position as Additional Director. His retirement is effective from 25.06.2025, after the end of working hours. No reason for the retirement has been disclosed in the filing. The announcement is purely informational and no other board-level changes have been mentioned alongside this retirement.
This is a routine single-director retirement with no disclosed reasons and no accompanying leadership changes, so it is unlikely to have a meaningful impact on the stock price. Shareholders may await further board composition updates if any successor is appointed.