MERCURYEVBSEMercury Ev-Tech LtdHighNegative
Announced Sat, 26 Apr · 17:06 IST

Please refer the enclosed File

Management Changes View source PDF

MERCURYEV · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ms. Manshi Jain (DIN: 09533465) has resigned as Independent Director of Mercury Ev-Tech Ltd, effective from the close of business hours on April 26, 2025. Her resignation also ends her role as Chairperson of the Company. She cited personal and unavoidable circumstances as the reason and confirmed there are no other material reasons behind her exit. The Board of Directors noted her resignation in their meeting held on the same day. The filing was signed by Managing Director Jayesh Raichandbhai Thakkar under Regulation 30 of SEBI LODR.

Likely market impact

Shareholders should note the loss of an Independent Director and the Chairperson position, which may raise questions about board continuity and governance oversight in the near term. The Board will likely need to appoint a new Independent Director and Chairperson to comply with listing and Companies Act requirements.