Independent Director Mr. Ramalakshmana Rao Pavuluri resigns from Merritronix
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Merritronix Limited informed BSE that Independent Director Mr. Ramalakshmana Rao Pavuluri (DIN: 01852484) resigned effective October 6, 2026, citing personal and professional commitments. He also stepped down as Chairman or Member of the Audit Committee and Nomination and Remuneration Committee. The company, listed on the BSE SME platform, confirmed it will continue to meet the one-third independent director requirement under Section 149(4) of the Companies Act, 2013. No material reasons beyond those given were cited.
Routine independent director exit for personal reasons. No governance concerns flagged. Company confirms minimum independent director requirement will still be met.