Outcome of the board meeting held today i.e. November 22, 2025
Awaiting price reaction for this filing.
Pressure Sensitive Systems (India) Limited informed BSE about the outcome of its board meeting held on November 22, 2025. The board noted three resignations effective the same day: Ms. Deepa stepped down as Company Secretary and Compliance Officer (Key Managerial Personnel). Mr. Saurabh (DIN: 10790325) and Ms. Reema Magotra (DIN: 09804839), both Non-Executive Independent Directors, resigned citing personal reasons and other professional commitments. No reasons beyond personal/professional commitments were cited by either director. The board meeting ran from 3:45 PM to 4:15 PM, and the disclosure was signed by Managing Director Malabhai Punjabhai Rabari.
Three key positions — the Company Secretary/Compliance Officer and two Independent Directors — became vacant on the same day, which raises governance concerns for shareholders. The loss of both Independent Directors at once may impact the composition of board committees and could weaken independent oversight until replacements are appointed.