Please find enclosed herewith the resignation of our Independent Director of the company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Akshay Saxena (DIN: 10558168), Independent Director of NDA Securities Ltd, has resigned from the board effective March 23, 2026. The resignation is cited as being due to personal reasons, including ongoing health-related issues and family matters that have affected his ability to discharge his duties. The director has confirmed there are no other material reasons for his resignation beyond those stated. The company has been informed of his lack of responsiveness and non-availability, and the company secretary has filed the intimation with BSE under SEBI Listing Regulations. The company will need to file the relevant form with MCA and ensure continued compliance with board composition requirements.
This is a routine board-level change for a small-cap securities company. Shareholders should watch for the timely appointment of a replacement Independent Director to maintain compliance with minimum board composition rules. The resignation is personal in nature with no governance red flags, so the impact on the stock is likely minimal.