Resignation of Mamta Sharma Independent Director w.e.f Clouser of Business Hrs. 30.05.2025
Awaiting price reaction for this filing.
Mamta Sharma, Independent Director of Centerac Technologies Ltd, has resigned from the Board with effect from close of business hours (6:00 PM) on 30th May 2025. She cited pre-occupation in other areas and activities as the reason, and explicitly stated there are no other material reasons behind her exit. The resignation has been acknowledged by Sabeen Mohammed Iqbal, Whole Time Director & CFO of the company. Mamta Sharma held DIN 07080870. The company will now need to complete formalities including filing with MCA and intimating the stock exchange.
The company loses one Independent Director from its Board, which may reduce board strength and could require appointment of a replacement Independent Director in due course to comply with minimum board composition norms. The stated reason (pre-occupation) is routine and unlikely to materially impact shareholder value or stock price.