INTIMATION REGARDING CESSATION OF MS. KAVITA AWASTHI AS AN INDEPENDENT DIRECTOR OF THE COMPANY.
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Nikki Global Finance Ltd informed the stock exchanges that Ms. Kavita Awasthi (DIN: 03106803) ceased to be an Independent Director of the company effective close of business hours on April 3, 2025. The cessation is due to the completion of her second and final consecutive five-year term as an Independent Director, as permitted under SEBI regulations. The board recorded appreciation for her contribution during her tenure. No other listed company directorships were held by her.
This is a routine regulatory disclosure triggered by the natural end of an Independent Director's tenure. It is not expected to materially affect the company's operations or shareholder value, though the board will need to fill the vacancy in due course to maintain compliance with minimum Independent Director requirements.