PNB Housing Finance Limited has informed the Exchange regarding Cessation of Mr Sudarshan Sen as Non- Executive Independent Director of the company w.e.f. September 30, 2025.
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PNB Housing Finance has informed the stock exchanges that Mr. Sudarshan Sen (DIN: 03570051) has completed his tenure as a Non-Executive Independent Director of the company, effective September 30, 2025. The reason cited is the natural end of his term, and not any resignation, removal, or other event. The Board has recorded its appreciation for his service and contributions during his tenure. The disclosure has been made under SEBI Listing Regulations and the details are provided in the annexure to the letter.
This is a routine, planned exit at the end of an independent director's term and is unlikely to have any material impact on the stock or shareholders. Investors may watch for the appointment of a new independent director to fill the vacancy.