Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 ('SEBI (LODR) Regulation, 2015') read with Part A of Schedule III to the said Regulations, ....
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Orient Tradelink Ltd has informed the stock exchange about the resignation of Dr. Balakrishna Ramarao Maddur (DIN: 00899898) as an Independent Director of the company. The resignation was received via email dated May 28, 2025, and the stated reason is personal reasons. Dr. Maddur has confirmed that there are no other material reasons for his resignation beyond those mentioned in his letter. The disclosure was made by Aushim Khetarpal, Managing Director & CFO, under SEBI LODR Regulations.
This is a routine board-level change with no stated governance concerns, as the outgoing director cited personal reasons and confirmed no material issues. Shareholders should monitor whether the vacancy is filled promptly to ensure compliance with the minimum independent director requirement under SEBI rules.