Resignation of Ms. Avani Shah as an Independent Director of the Company
Awaiting price reaction for this filing.
Ms. Avani Ashwinkumar Shah, a Non-Executive/Women Independent Director, has resigned from the Board of Shree Rajeshwaranand Paper Mills Ltd with effect from the close of working hours on 1st August 2025. The resignation was due to personal and unavoidable circumstances and pre-occupation in other areas, and it came before the expiry of her tenure. She also serves as an Independent Director on 6 other listed companies, including Bizotic Commercial, Sunrest Lifescience, Kizi Apparels, IEL, Ambassador Intra Holdings, and Bright Solar. The Board has accepted her resignation and confirmed there are no other material reasons behind the exit.
This is a routine board-level change with minimal impact on operations. The company will need to fill the vacant independent director position within the timelines required under SEBI LODR rules to maintain board composition compliance.