Mr. Hemant Naginbhai Patel has resigned from the post of Independent Director of the Company w.e.f. 26.05.2025
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Mr. Hemant Naginbhai Patel has resigned from his position as Independent Director of Rajkot Investment Trust Ltd, effective May 26, 2025. The reason cited is other work commitments and personal reasons, with no other material reason disclosed. He was not serving as chairperson or member of any board committee. The resignation has been disclosed to BSE under Regulation 30 of SEBI Listing Regulations. The company has signed the disclosure through Managing Director Shrikrishna Baburam Pandey.
This is a routine board-level change with no governance red flags. Shareholders may see a brief period before a replacement independent director is appointed, but the resignation is for personal reasons and unlikely to materially affect operations or stock price.