Intimation pursuant to Regulation 30 regarding the resignation of Independent Director Mrs. Neethu Subramoniyan w.e.f 18.11.2025.
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Mrs. Neethu Subramoniyan (DIN: 08788544) has resigned as Independent Director of Prima Industries Ltd effective November 18, 2025. The reason cited is personal reasons and other occupancies, with confirmation that there are no other material reasons for her exit. She also stepped down from all board committees — Audit, Nomination & Remuneration, Stakeholders Relationship, Risk Management, and CSR — and ceased to chair the Audit Committee and CSR Committee. She continues as Independent Director at Richfield Financial Services, Prima Agro Ltd, and Ayyappa Roller Flour Mills Ltd. The company will fill the vacancy within three months as required by SEBI LODR regulations.
For a small-cap company, losing an Independent Director — especially one who chaired the Audit Committee — creates a governance gap until a replacement is appointed. The market typically views routine, personal-reason resignations as neutral, but investors may watch for the timely appointment of a new Independent Director to ensure board composition and committee requirements remain compliant.