Announced Fri, 30 May · 22:11 IST

Revised Disclosure for Resignation of Independent Director

Management Changes View source PDF

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AI summary

Mr. Hemant Naginbhai Patel has resigned from his position as Independent Director of Rajkot Investment Trust Ltd, effective May 26, 2025. The resignation is attributed to other work commitments and personal reasons. The company has filed a revised disclosure under SEBI Listing Regulations, suggesting this is an updated version of an earlier submission. Mr. Patel did not hold directorships in any other listed entities. The filing was signed by Managing Director Shrikrishna Baburam Pandey on May 30, 2025.

Likely market impact

This is a routine single Independent Director resignation for personal reasons and is unlikely to materially affect the company's operations or stock price. Investors may monitor whether a replacement Independent Director is appointed within the timelines required under SEBI rules to maintain board composition compliance.