Intimation of Resignation of Independent Director.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 1.0 pts less than its Food Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mayank Cattle Food Ltd informed the BSE that two Independent Directors — Mr. Neelesh Kushalpal Bhardwaj (DIN: 10154922) and Mr. Bhavesh Prataprai Doshi (DIN: 01201268) — resigned from the Board with effect from June 21, 2025. Both cited pre-occupation and inability to devote time to the company's affairs as the reason. Each confirmed there were no other material reasons for stepping down, and neither holds directorship in any other listed entity. The intimation was filed under SEBI Listing Regulations and signed by Whole-Time Director Ajay Popatlal Vachhani on June 24, 2025.
Simultaneous exit of two Independent Directors may temporarily weaken board composition and committee strength until replacements are appointed, but the resignations appear personal rather than governance-related. Shareholders should watch for timely appointment of new independent directors to maintain regulatory compliance.