Orient Technologies Limited has informed the Exchange about General Updates
ORIENTTECH · price
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Orient Technologies Limited has submitted a clarification to the stock exchanges regarding the resignation of Independent Director Ms. Meera Rawat (DIN: 10415698). In her resignation letter dated May 7, 2025, Ms. Rawat cited personal reasons, specifically that she had relocated and could no longer attend board meetings in person. The company clarified there was no delay in disclosure, as her resignation was formally approved by the Nomination and Remuneration Committee and the Board on May 15, 2025, and the announcement was made on the same day. She confirmed there are no other material reasons for her departure beyond those stated in her letter.
This is a routine disclosure clarifying regulatory compliance on the exit of one Independent Director due to personal relocation. It is not expected to materially impact the stock price or business operations, though it reduces the board's independent director strength.