Cessation of Office of Ms. Sonu Alidas Chowdhary (DIN:07153810) due to Completion of Tenure on 31st March, 2025
PREMCO · price
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Ms. Sonu Alidas Chowdhary (DIN: 07153810) ceased to be an Independent Director of Premco Global Limited with effect from the close of business on 31st March 2025. She had completed her second and final term as an Independent Director, which is the maximum allowed under Indian company law. The Board expressed appreciation for her contribution during her tenure. The company has informed the stock exchange as required under SEBI listing regulations.
This is a routine corporate governance event with no negative implications for shareholders. The board will need to appoint a new Independent Director to fill the vacancy and maintain the required composition. The stock price is unlikely to be affected.