Ref your email dated May 30,2026. Additional information regarding resignation of Mr. Sumant Mimani independent director. Further corrected information about composition of Nomination ....
ORICONENT · price
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Oricon Enterprises submitted additional information to BSE regarding the resignation of Mr. Sumant Mimani (DIN: 01251535), an Independent Director. The company confirmed he does not hold directorship in any other listed entity and that there are no other material reasons beyond those already communicated. Separately, the company corrected a typographical error in the earlier disclosure on the Nomination & Remuneration Committee — Mr. Bal Mukand Gaggar had been wrongly named; the correct member is Mr. Shravan Kumar Malani. The revised NRC comprises Mrs. Mamta Biyani (Chairperson), Mr. Ramkishore Singhi, and Mr. Shravan Kumar Malani, all Non-Executive Independent Directors.
This is primarily a regulatory clarification with limited market impact. Shareholders should note the exit of one independent director alongside the corrected committee composition; the board remains compliant but now has reduced independent oversight capacity pending any new appointments.