Ms. Kusum Naruka (DIN: 10679553) Independent Director of the Company has resigned from Board of Directors of the Company w.e.f. 03/06/2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ms. Kusum Naruka (DIN: 10679553) has resigned as Independent Director of Nova Iron & Steel Ltd with effect from June 3, 2026, citing professional commitments. As a result, she also stepped down from the Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee of the company. She continues as a director on Marble Finvest Limited, where she also serves on similar committees. The company confirmed there are no other material reasons behind her exit, and her resignation letter has been attached as required by SEBI's LODR regulations.
This is a routine independent director departure for personal/professional reasons with no governance red flags flagged. Investors may want to watch for timely appointment of a replacement independent director to maintain board and audit committee composition as required by law, but the immediate financial impact on shareholders is negligible.