Reliable Data Services Limited has informed the Exchange regarding Outcome of Board Meeting held on September 23, 2025.
RELIABLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Reliable Data Services Limited met on September 23, 2025 and accepted the resignation of Mr. Ashwini Jha as Independent Director with immediate effect, citing personal and unavoidable circumstances. Following his exit, the Board reconstituted three key committees — Audit Committee, Stakeholders Relationship Committee, and Nomination & Remuneration Committee. Ms. Sudeshana Asis Chaudhury has been appointed as Chairperson of all three committees, with Mr. Pramod Kumar Tiwari and Mr. Sanjay Kumar Pathak (CMD) as members. The accompanying explanatory notes reveal that Mr. Jha had originally submitted his resignation in July 2022 and had been raising repeated demands for unpaid remuneration, alleging the company had not formally processed his earlier resignation.
The change is largely administrative and unlikely to materially affect operations, but the disclosed correspondence points to an unresolved compensation dispute with the outgoing Independent Director that could draw regulatory or legal attention. Shareholders should watch for any further disclosures or litigation updates related to the director's pending payment claims.