Resignation of Independent Director
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Awaiting price reaction for this filing.
Mr. Nayan Jagdishchandra Rawal (DIN: 00184945), a Non-Executive Independent Director of Monika Alcobev Ltd, has resigned from the board effective November 13, 2025. He cited pre-occupation and other personal commitments as the reason for stepping down. He also ceases to hold his position as Chairman/Member of any board committees. The resigning director confirmed there are no other material reasons behind his exit. He continues as an Independent Director at Garware Hi-Tech Films Limited.
This is a routine, single independent director exit due to personal reasons with no governance red flags. No immediate material impact on the stock is expected, though the company will need to fill the board vacancy within the timeline required under SEBI rules.