Resignation of Mr. Sahil Agarwal (DIN: 06406139) as Non-Executive Non-Independent Director of the company
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Mr. Sahil Agarwal (DIN: 06406139) has resigned as a Non-Executive, Non-Independent Director of Nimbus Projects Ltd, effective from the close of business hours on April 21, 2025. He cited pre-occupation and other personal commitments as the reason for stepping down. The Board recorded its appreciation for his contributions during his tenure. No material reasons beyond those stated were disclosed in his resignation letter. The resignation is a routine board-level change with no governance flags or regulatory issues mentioned.
This is a routine, non-executive director exit due to personal reasons and is unlikely to materially affect the company's operations or stock price. Shareholders should note a minor board composition change, but no strategic or operational disruption is indicated.