PFA disclosure under Regulation 30 of SEBI LODR, regarding Resignation of Mr. Sunil Bhandari, Non-Executive Non-Independent Director of the Company with effect from 01st May, 2025.
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Quest Capital Markets Ltd has informed the stock exchanges that Mr. Sunil Bhandari (DIN: 00052161) has resigned as Non-Executive Non-Independent Director of the company with effect from 1st May 2025. He also served as the Chairman of the Board and was a member of four committees: Nomination and Remuneration Committee, Risk Management Committee, Asset Liability Committee, and Investment Committee. His resignation, submitted via letter dated 28th April 2025, is due to personal reasons and other professional commitments. The company has disclosed this under Regulation 30 of SEBI LODR, along with the required Annexure-A details.
This is a routine non-executive board change with no operational or financial impact on the company. Shareholders should note the vacancy on the board and the four committees, which may need to be filled in due course.