Approval of resignation tendered by Mr. G. Rama Rao (DIN No. 10626682), Director of the Company with immediate effect
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. G. Rama Rao has resigned as a Director of Midland Polymers Limited with immediate effect from May 19, 2025, citing personal and unavoidable circumstances and other professional commitments. The board accepted his resignation at its meeting held on the same day (1:30 PM to 2:00 PM). He also holds a directorship at Taaza International Limited. In his resignation letter, he confirmed there are no other material reasons for stepping down. The company has provided all the standard SEBI-required disclosures regarding the cessation.
This is a routine non-executive director exit with no governance red flags or succession concerns flagged. With only one director stepping down for personal reasons, there is likely minimal impact on shareholders or the stock price.