Resignation of Mrs. Nidhi Kirti Bhatt from the Position of Independent Director
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Mrs. Nidhi Kirti Bhatt (DIN: 07773954) has resigned as an Independent Director of Megamont Ltd (formerly V.R. Woodart Limited), effective from the close of working hours on 16 February 2026. The resignation was submitted voluntarily and is attributed to personal reasons, with no other material reasons or circumstances disclosed. She confirmed she has no outstanding claims or dues against the company and will cooperate in a smooth transition. The disclosure has been made to BSE under Regulation 30 of SEBI Listing Regulations.
This is a routine board-level change at a small-cap company. With no governance concerns or material reasons cited, the immediate impact on shareholders is likely neutral, though investors may monitor whether a replacement independent director is appointed in due course to maintain board composition requirements.