PRABHANSEPrabha Energy LimitedMediumNegative
Announced Fri, 25 Apr · 17:23 IST

PRABHA ENERGY LIMITED has informed the Exchange about Resignation of Independent director.

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PRABHA · 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

Priyanka K. Gola (DIN: 09384530) has resigned from the position of Independent Director of Prabha Energy Limited with effect from 24th April 2025. She cited elsewhere professional commitments as the reason and confirmed there is no other material reason for her resignation. The resignation has been communicated to the board in compliance with the Companies Act, 2013. She continues to hold directorships in several other listed and unlisted companies, including Sabar Flex India, Jyoti Resins and Adhesives, and Advance Multitech.

Likely market impact

This is a routine independent director resignation due to personal professional commitments and is unlikely to materially affect the stock price. The company will need to appoint a replacement independent director within the timeframe required under SEBI LODR regulations to maintain board composition.