Resignation of Ms. Ramneek Kaur (DIN 10083512) as an Independent Director of the company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Piccadily Sugar & Allied Industries Ltd held a meeting on May 8, 2026, resulting in two key changes. Ms. Ramneek Kaur tendered her resignation as Non-Executive Independent Director effective the same date, citing pre-occupations and personal commitments with no other material reasons. Simultaneously, Ms. Renu Rawat was appointed as an Additional Independent Director for a 5-year term, subject to shareholder approval via postal ballot. Ms. Renu Rawat is not related to any Director, KMP, or Promoter of the Company and meets independence criteria under the Companies Act 2013 and SEBI LODR Regulations. The Board also approved appointment of new statutory auditors M/s. Rattan Kaur and Associates to fill a casual vacancy, also through postal ballot. Both committees (Audit and Nomination & Remuneration) were reconstituted with Ms. Renu Rawat as a member.
The resignation appears routine with no governance red flags, and the Company has promptly appointed a replacement independent director. Shareholders will vote on the appointments via postal ballot. The stock is listed on BSE with scrip code 507498.