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Ms. Fatima Iyer (DIN 07047815) has resigned as Non-executive Independent Director of Purohit Construction Limited, effective from the close of business hours on April 1, 2025. She cited 'other pre-occupations' as the reason for her departure. As an independent director, she also served on three key board committees — Audit Committee, Nomination & Remuneration Committee, and Stakeholders' Relationship Committee — and is stepping down from all of them. She has confirmed to the stock exchange that there are no other material reasons behind her resignation. The Board has recorded its appreciation for her contributions during her tenure.
This is a routine independent director exit citing personal reasons with no governance red flags. The company will need to fill the vacancy to maintain the minimum required number of independent directors on the board, but near-term impact on shareholders is expected to be minimal.