BSEMohite Industries LtdMediumNeutral
Announced Mon, 9 Mar · 17:54 IST

Mr. Annasaheb dhondiba more DIN 08861721, vide his letter dated march 9, 2026 has tendered his resignation as independent director of the company with the effect of close of business hours ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Mr. Annasaheb Dhondiba More (DIN: 08861721) has resigned as Independent Director of Mohite Industries Ltd with effect from the close of business hours on March 9, 2026, citing personal and unavoidable circumstances. He confirmed there are no disagreements with the board or management. On the same day, the Board, on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Sangramsinh Subhashrao Nimbalkar (DIN: 00508548) as Additional Independent Director for a term of five years, subject to shareholder approval. Mr. Nimbalkar holds a diploma in civil engineering and has over 30 years of experience in government and semi-government construction projects, and is not related to any existing directors or KMPs.

Likely market impact

This is a routine board-level reshuffle with one independent director exiting for personal reasons and a replacement appointed on the same day. No governance red flags, no impact on operations, and shareholder approval will be sought for the new appointment at the next general meeting.