Announced Wed, 10 Jun · 01:05 IST

Resignation from Non-Executive Independent Director of the company

Management Changes View source PDF

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AI summary

Max Heights Infrastructure Limited has informed the stock exchanges that Mr. Manoj Kumar Pahwa (DIN: 00398839) has resigned from the position of Non-Executive Independent Director with effect from 9th June 2026. The reason stated is personal and professional commitments that require increased attention and time. He also chaired the Audit Committee and was a member of the Nomination & Remuneration Committee and Stakeholders Relationship Committee. Mr. Pahwa confirmed there are no other material reasons behind his resignation and does not hold directorship in any other listed entity. The company will need to fill the vacancy on the board and its committees to comply with listing and Companies Act requirements.

Likely market impact

For shareholders, this is a routine change at the board level. However, the loss of the Audit Committee chairperson may temporarily affect committee composition until a replacement is appointed, which the company will need to disclose in due course.