Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 for resignation of Whole-Time Director
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Millennium Online Solutions (India) Ltd informed the stock exchanges that Mr. Harilal Singh Jhabar Ram Faran (DIN: 05124923) has resigned from the post of Whole-Time Director (Executive Director) effective close of business hours on 26th July, 2025. The Board accepted the resignation at its meeting held on the same day and recorded its appreciation for his contributions. Mr. Faran cited personal commitments as the reason for stepping down. Consequent to his resignation, he also ceased to be a member of the Stakeholder Relationship Committee.
The departure of a Whole-Time Director creates a temporary leadership gap at the board level. For shareholders, the key thing to watch is whether the company appoints a suitable replacement soon and whether the resignation was truly for personal reasons or signals broader governance or operational concerns.