P N Gadgil Jewellers Limited has informed the Exchange regarding Resignation of Mr Ravindra Prabhakar Marathe as Non- Executive Independent Director of the company w.e.f. April 04, 2025.
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P N Gadgil Jewellers Limited has informed the stock exchange that Mr Ravindra Prabhakar Marathe has resigned as Non-Executive Independent Director of the company. The resignation takes effect from April 04, 2025. No further details about the reasons for resignation or any replacement appointment have been mentioned in this filing. This is a routine board-level change involving a single independent director.
This is a standard board composition change and is unlikely to have a material impact on the company's operations or stock price. Shareholders may want to watch for any subsequent announcement regarding the appointment of a new independent director to fill the vacancy, as maintaining a sufficient number of independent directors is a regulatory requirement under SEBI listing norms.