Announced Wed, 10 Jun · 01:06 IST

Resignation of 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 as a Non-Executive Independent Director with effect from 9th June 2026. He cited personal and professional commitments requiring increased attention and time as the reason. Mr. Pahwa served as Chairperson of the Audit Committee and as a member of the Nomination & Remuneration Committee and Stakeholders Relationship Committee. He confirmed there are no other material reasons for his resignation, and he does not hold directorship in any other listed entity.

Likely market impact

The departure leaves the Audit Committee chairpersonship vacant, which the company will need to fill in line with SEBI Listing Regulations. For shareholders, this is a routine board-level change with stated non-controversial reasons, though the loss of the Audit Committee chair may warrant monitoring of how quickly a suitable replacement is appointed.