Pursuant to Regulation 30 of SEBI(LODR) Reg 2015, there is the change in director of board mr. luv sharma Non executive and Independent director of the company has resigned from the board ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Abhijit Trading Company Ltd has informed the stock exchange that Mr. Luv Sharma (DIN: 09480544), a Non-Executive and Independent Director, resigned from the board with effect from November 18, 2025. The official filing cites personal reasons, but in his resignation letter, Mr. Sharma stated he had not been receiving adequate information, documents, and notices of board and committee meetings, which prevented him from discharging his duties as an Independent Director. He mentioned these issues were raised with the company but remained unaddressed. The resignation letter is attached as an annexure to the disclosure.
This is a negative governance signal for shareholders. An Independent Director publicly citing lack of access to board information and meeting notices raises concerns about corporate governance standards at the company. Investors should watch for board reconstitution and any further governance-related disclosures.