Narmada Agrobase Limited has informed the Exchange about Reconstitute of Committee
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Narmada Agrobase Limited has reconstituted four of its board committees — Audit, Nomination & Remuneration, Stakeholders' Relationship, and Rights Issue — effective 6th August 2025. The change follows the resignation of two Independent Directors, Mr. Gaurav Dineshkumar Agarwal and Mrs. Nidhi Dineshbhai Patel, from the board on the same date. To fill the vacancies, the company has appointed Mr. Deepak Soni and Mrs. Shweta Vivek Nathwani as Additional Non-Executive Independent Directors for a five-year term. Mr. Deepak Soni will chair the Audit Committee, while Mrs. Shweta Nathwani will chair the Nomination & Remuneration Committee. The Managing Director, Mr. Neerajkumar Sureshchandra Agrawal, remains on all reconstituted committees.
Back-to-back resignations of two independent directors raise a brief governance question, but the company has promptly filled the seats with new independent directors, keeping committee composition compliant. For shareholders, this is a routine housekeeping change with no direct impact on operations or stock price.