Corrigendum to the Intimation of Resignation of Non-Executive Director.
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Prashant India Ltd has filed a corrigendum to its earlier intimation regarding the resignation of Mr. Harsukhbhai Mohanbhai Gondalia (DIN: 00014805), a Non-Executive Non-Independent Director. The original resignation letter had a clerical error mentioning the effective date as 29th March, 2025, which has now been corrected to 29th May, 2025. Mr. Gondalia cited pre-occupation and personal commitments as the reason for stepping down from the board and all committee memberships. He is the brother of Mr. Prabhudas Mohanbhai Gondalia, another director on the board. The resignation takes effect from the close of business hours on 29th May, 2025.
This is a routine procedural correction to fix a date error in an earlier resignation filing. The resignation itself is for personal reasons and does not involve any CEO, CFO, or Key Managerial Personnel, so the impact on shareholders and stock price is likely minimal.