We hereby inform that Board of Directors at its meeting held on today has taken note that Mrs. Gita Bawa (DIN: 00111003) shall cease to be an Independent Director of the Company upon completion ....
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Milkfood Ltd has announced that Mrs. Gita Bawa will cease to be an Independent Director of the company upon completion of her second consecutive term of five years each. Her tenure will end at the close of business hours on 29th May 2026. The Board took note of this at its meeting held on 6th May 2026. This is a routine tenure completion as per SEBI regulations, which limit independent directors to two consecutive terms of five years each. No new appointment has been indicated in this filing.
This is a standard regulatory compliance matter and does not indicate any governance concerns or operational issues. Shareholders should note the company will need to appoint a new Independent Director to maintain board composition as required under listing regulations.