Revised Intimation for Resignation of Independent Director of the Company has previously Inform to BSE. Previously incorrect Pdf file was uploaded inadvertently.
Awaiting price reaction for this filing.
Mr. Ravi Rakesh Gupta has resigned as Additional Independent Director of Amit International Limited with effect from 3rd April 2026. The company stated the reason as 'better opportunities in the Company.' However, in his personal resignation letter, the director cited 'health issues' as the reason for not being able to devote time to the company's affairs. This discrepancy between the company's stated reason and the director's personal reason raises governance concerns. The company has confirmed there are no other material reasons and that the director holds no other listed company directorships.
The resignation of an independent director, especially with conflicting reasons between the company and the director, may signal governance concerns to investors. The board will need to fill this vacancy to maintain proper board composition.