INTIMATION REGARDING TO RESIGNATION LETTER RECEIVED FROM MR. SHEKHAR MENNON FROM THE POST OF INDEPENDENT DIRECTOR WITH EFFECT FROM 12.12.2025
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Prime Fresh Limited has informed the stock exchanges that Mr. Shekhar Mennon (DIN: 02262964) has resigned as Non-Executive Independent Director of the company with immediate effect from December 12, 2025. He cited 'other pre-occupations' as the reason for stepping down and confirmed there are no other material reasons behind his exit. Mr. Mennon had been on the board since 2021 and also served as a member of the Audit Committee. He continues to serve as an Independent Director on other listed companies such as Baba Arts Limited and Rose Merc Limited.
This is a routine independent director exit with no governance red flags, so near-term impact on the stock should be minimal. The company will need to fill the vacancy in due course to comply with board composition rules under the Companies Act and SEBI LODR.