Resignation of Non-Executive Independent Director.
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Mr. Prasannakumar Baliram Gawde (DIN: 01456510), a Non-Executive Independent Director of Monika Alcobev Ltd, has resigned from the Board with effect from the close of business hours on December 9, 2025. His resignation is due to pre-occupation with other professional commitments, and he confirmed there are no other material reasons. He will also cease to be a member of the respective Board Committees, and the company will file the required DIR-12 and DIR-11 forms with the Registrar of Companies.
This is a routine single independent director exit with a clearly stated personal reason and no governance red flags. Shareholders should note the resulting vacancy on the Board, which the company will likely need to fill within the timelines prescribed under SEBI rules, but no immediate material impact on operations is expected.