Railtel Corporation Of India Limited has informed the Exchange regarding Cessation of Dr. Subhash Sharma as Non- Executive independent Director of the company w.e.f. April 15, 2026 upon completion of his tenure.
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Dr. Subhash Sharma (DIN: 05333124) ceased to be a Non-Executive Independent Director on the Board of Railtel Corporation of India with effect from April 15, 2026, after completing his one-year term. His original appointment was made by the Ministry of Railways, Government of India via order dated April 15, 2025. The company has disclosed this change to both NSE and BSE under SEBI LODR Regulation 30. The filing confirms the reason for cessation is routine completion of tenure, not resignation, removal, or any adverse event. No replacement appointment has been announced in this filing.
This is a planned, routine end-of-tenure exit and not a sudden or controversial departure, so near-term impact on the stock is expected to be neutral. Shareholders should watch for an update on whether the Ministry of Railways appoints a new independent director to fill the vacancy.