Mr. Nitinkumar Bhawarlal Parmar, Non-Executive Independent Director has resigned from the directorship of the Company w.e.f. January 05, 2026 due to personal reasons.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Nitinkumar Bhawarlal Parmar (DIN: 07551010), a Non-Executive Independent Director on the board of Ramchandra Leasing & Finance Ltd, has resigned effective January 5, 2026. He cited personal reasons and confirmed there are no other material reasons behind his exit. The resignation letter dated January 3, 2026, will be formally accepted at the next board meeting. The company has disclosed the required details under SEBI Listing Regulations.
This is a routine single independent director exit for personal reasons with no governance red flags. Minimal impact expected on the stock, though the company will need to fill the vacancy to maintain board composition norms.