Raj Television Network Limited has informed the Exchange regarding Resignation of Mrs. Nidavanur Subbarama Naidu Prema as Independent Director of the company w.e.f. May 14, 2025.
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Mrs. Nidavanur Subbarama Naidu Prema (DIN: 10198873) has resigned as an Independent Director of Raj Television Network Limited, effective May 14, 2025. She cited her preoccupied schedule and health issues as the reasons for stepping down. She confirmed there are no other material reasons for her resignation and is not debarred from holding any directorship by SEBI or any other authority. The company has filed the intimation under SEBI's LODR Regulations. The letter was signed by Managing Director Raajhendhran M.
This is a routine single independent director exit due to personal reasons (health and schedule), with no governance red flags raised. Shareholders should note the vacancy on the board but it is unlikely to have a material impact on stock price or operations. The company will need to fill the independent director position within the timelines required under SEBI rules to maintain board composition compliance.