Appointment of Mr. Sourabh Parnami as Additional Director (Non-Executive Independent) and resignation of Mr. Asdulla Mehfuzali Khan and Mr. Tushar Virendra Pratap Singh from position of ....
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Raconteur Global Resources Ltd announced multiple board-level changes at a meeting held on 11th March 2026. Mr. Sourabh Parnami, a practicing Company Secretary with 14+ years of experience, was appointed as an Additional Non-Executive Independent Director. Two existing Independent Directors, Mr. Asdulla Mehfuzali Khan and Mr. Tushar Virendra Pratap Singh, resigned effective 10th March 2026, citing personal reasons and pre-occupations respectively. Notably, Mr. Singh also stepped down as Chairman of the Audit Committee and Nomination & Remuneration Committee. Additionally, Ms. Priya Mathur resigned as Company Secretary and Compliance Officer effective 9th March 2026.
The simultaneous exit of two independent directors (including the Audit Committee chairman) and the company secretary within days signals significant board-level churn, raising short-term governance concerns. However, the prompt appointment of a new independent director shows the company is actively reconstituting its board, which should help stabilize governance over time.