Independent Director Ms. Celine George resigns citing relocation
PPAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ms. Celine George (DIN: 02563846) has resigned as Independent Director of PPAP Automotive, effective 13th April 2026. She cited her relocation from NCR to Bangalore, which limited her engagement as the sole remote participant in in-person board meetings. She also steps down as Chairperson of the Nomination and Remuneration Committee and member of the Stakeholder Relationship Committee. She continues as Independent Director at Uniparts India Limited. The company has requested confirmation that no other material reasons exist.
Minor governance change; one Independent Director seat now vacant. Reason appears personal, not governance-related, so limited market impact expected.