Resignation of Mr. Radhakrishnan Nair - Independent Director
Awaiting price reaction for this filing.
Inditrade Capital Ltd has informed BSE that Mr. Radhakrishnan Nair (DIN: 07225354) has resigned as a Non-Executive Independent Director of the company, effective from the end of business hours on May 30, 2025. The company has submitted the required disclosure under SEBI Listing Regulations along with his resignation letter as Annexure I. Mr. Nair also serves as an Independent Director on the boards of ICICI Prudential Life Insurance, Geojit Financial Services, and ICICI Bank. No reason other than the standard resignation details has been disclosed.
This is a routine independent director resignation with no disclosed governance concerns or red flags. For shareholders, it is a neutral event unless a replacement is not appointed within SEBI's stipulated timeline, which could temporarily affect board composition.