RATEGAIN TRAVEL TECHNOLOGIES LIMITED has informed the Exchange about Resignation of Independent director.
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EC Rajakumar Konduru has resigned as an Independent Director of RateGain Travel Technologies Limited, effective from the close of business hours on August 7, 2025. He was originally appointed to the board on July 15, 2021. He cited pre-occupation and personal commitments as the reason for stepping down, and confirmed there are no other material reasons for his resignation. As a result, he will also step down from the Audit Committee, Risk Management Committee, and Stakeholders Relationship Committee.
The company will need to fill the vacant independent director position and committee seats to comply with board composition and regulatory requirements. This is a routine personal resignation with no governance red flags flagged, so the impact on shareholders is likely minimal.