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Microse India Limited has informed the stock exchange about changes to its Board of Directors effective April 14, 2025. Ms. Ria Goenka has been appointed as a new Independent Director for a 5-year term. She is a postgraduate in Business Management with expertise in evaluating financial statements. Simultaneously, Mr. Akshay Goenka has resigned from his position as Independent Director, citing other professional commitments. Mr. Akshay Goenka had been on the board since September 3, 2021, and his resignation also applies to any board committee positions. The company has confirmed there are no other material reasons behind his resignation beyond what was stated in his letter.
This is a routine board-level change with no material impact expected on shareholders or the stock. The appointment and resignation both relate to non-executive Independent Director positions, so day-to-day operations and financial performance remain unaffected.