Intimation for resignation of Independent Director
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Awaiting price reaction for this filing.
Mr. Vimal Dwivedi (DIN: 10613579), a Non-Executive Independent Director on the board of Ramchandra Leasing & Finance Ltd, has resigned effective February 6, 2026. The resignation is due to personal reasons, and the director confirmed there are no other material reasons behind his departure. This is a single independent director exit; no other directors are mentioned in the filing. The company is a small non-banking finance company listed on BSE (Scrip Code: 538540).
For a small-cap NBFC, losing an independent director can briefly raise governance questions, but since the reason is clearly personal with no material concerns flagged, the impact on shareholders is likely minimal. Investors may want to watch for timely appointment of a replacement independent director to maintain board composition compliance.