INTIMATION OF COMPLETION OF TENURE OF MRS. PAULOMI ROMI DHAWAN, NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY
MUKTAARTS · price
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Mrs. Paulomi Romi Dhawan, a Non-Executive Independent Director of Mukta Arts Limited, will complete her second five-year term on 27th September 2025 and cease to be a Director of the company from that date. She also steps down as Member of the Audit Committee and Nomination and Remuneration Committee, and as Chairperson of the Stakeholders Relationship Committee. The Board has recorded appreciation for her contributions during her tenure. The company has not announced a replacement independent director in this filing.
This is a routine end-of-tenure event, not a sudden resignation, and is unlikely to have a material impact on the stock price. Shareholders should watch for a separate announcement regarding the appointment of a new Independent Director to fill the vacancy, especially in the audit committee.