Patel Engineering Limited has informed the Exchange regarding Cessation of Ms. Sunanda Rajendran as Non- Executive Independent Director of the company w.e.f. March 23, 2026.
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Patel Engineering Limited has informed the stock exchanges that Ms. Sunanda Rajendran (DIN: 00381885) has completed her term as an Independent Director and ceased to be a Director of the company with effect from the close of business hours on March 23, 2026. The disclosure was made under Regulation 30 and 51 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. This is a routine end-of-tenure event, not a resignation or removal. The intimation was signed by Kavita Shirvaikar, Managing Director.
This is a routine completion of tenure with no negative implications for shareholders. The board may need to fill the vacant independent director seat in due course to comply with minimum board composition requirements, but no immediate impact on operations or stock price is expected.