Resignation of Independent Director - Mrs. Amrita Khetan (DIN : 02781781) w.e.f. 14-08-2025
Awaiting price reaction for this filing.
Kashyap Tele-Medicines Limited's board, meeting on August 14, 2025, accepted the resignations of all three Independent Directors - Mr. Devakinandan Sharma, Mr. Mayank Khetan, and Mrs. Amrita Khetan - all effective the same day. In the same meeting, the board approved shifting the registered office from Girgaon, Mumbai to Mahape, Navi Mumbai, and proposed altering the company's main objects and changing its name, both subject to shareholder approval via postal ballot. The board also appointed M/S. Bhavesh D Shah & Co. as internal auditor for FY 2025-26 and Mrs. Rupal Patel as secretarial auditor for a five-year term from FY 2025-26. Notably, none of the resigning directors held any other listed-entity directorship or committee membership.
The simultaneous departure of all three independent directors is a significant governance red flag, likely leaving the board short on independent director requirements and potentially affecting compliance with SEBI listing norms. Combined with a proposed name change and shift in business objects, this suggests the company is undergoing a major strategic reset that shareholders should monitor closely.