Retirement of Mr. Sridhar Srinivasan as a non executive independent Director on September 28, 2025
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Mr. Sridhar Srinivasan (DIN: 07240718), a Non-Executive Independent Director of Nirlon Ltd, has retired from the Board with effect from the close of business on September 28, 2025. This retirement comes upon the successful completion of his five-year tenure as an Independent Director, in line with the applicable regulatory requirements. The Company has stated that it is filing the required forms with the Ministry of Corporate Affairs (MCA). No further details on a replacement director have been mentioned in this filing.
This is a routine, planned retirement at the end of the standard 5-year tenure for an Independent Director, so it is not expected to have any material impact on the company's operations or stock price. Shareholders may, however, watch for the appointment of a new Independent Director in due course to ensure board composition remains compliant.