PAKKANSEPAKKA LIMITEDMediumNegative
Announced Wed, 25 Jun · 22:01 IST

PAKKA LIMITED has informed the Exchange regarding 'Intimation of resignation of Mr. Shubham Ashok Tibrewal (DIN: 10274024), Independent Director of the Company under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.'.

Management Changes View source PDF

PAKKA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pakka Limited has informed the exchanges that Mr. Shubham Ashok Tibrewal (DIN: 10274024), an Independent Director on the company's board, has resigned effective June 25, 2025. In his resignation letter, Mr. Tibrewal stated he wishes to pursue other interests that may not allow him to dedicate adequate time to his role as an Independent Director. He also confirmed that there are no other material reasons behind his exit. The company has disclosed this under SEBI's Listing Obligations and Disclosure Requirements Regulations.

Likely market impact

This is a routine single independent director resignation citing personal reasons, with no governance red flags flagged. Shareholders should watch for timely appointment of a replacement independent director to maintain the required board composition under SEBI norms.