Resignation of Director.
Awaiting price reaction for this filing.
Colab Platforms held a board meeting on 14th March 2026 and approved three key items. First, M/s. Nagadheep Sathyanarayana and Co., Chartered Accountants (FRN: 008003S) has been appointed as the new Statutory Auditor effective 14th March 2026, filling the casual vacancy left by the resignation of M/s. Rawka & Associates. Second, Mrs. Hemant Kumar (DIN: 11599649) has been appointed as an Additional Non-Executive Independent Director for a 5-year term running from 14th March 2026 to 13th March 2031. Third, Mrs. Manali Karangutkar (DIN: 11373518) resigned as Independent Director effective close of business on 14th March 2026, citing increased personal and professional commitments. The board has confirmed there are no other material reasons behind her resignation.
These are routine governance changes with no material financial impact. The auditor change is a casual vacancy replacement, and the new independent director appointment maintains board composition. Shareholders should note the net change is one independent director resignation offset by one new appointment, keeping board strength stable.