Mr. Nandish Shaileshbhai Jani, additional Independent Director and Ms. Komal Manoharlal Motiani, additional Independent Director have resigned as Independent Directors of the company w.e.f. ....
Awaiting price reaction for this filing.
KDJ Holidayscapes and Resorts Ltd informed BSE that two Additional Independent Directors, Mr. Nandish Shaileshbhai Jani and Ms. Komal Manoharlal Motiani, resigned from the Board with effect from 30th September 2025. Both directors cited 'preoccupation and other personal commitments' as the reason for stepping down and confirmed there are no other material reasons behind their exit. The resignations were disclosed under SEBI Listing Regulations, with detailed resignation letters and disclosures of their other directorships enclosed as annexures. The company has not indicated any governance concerns, disputes, or disagreements leading to the resignations.
Loss of two independent directors on the same day may raise short-term governance concerns, particularly regarding board composition and committee strength, though the directors stated personal reasons. Shareholders should watch for timely appointments of new independent directors to maintain regulatory compliance and board independence.