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Awaiting price reaction for this filing.
Mr. Kaushal Mahendra Mehta (DIN: 09664953) has resigned as an Independent Director of RIR Power Electronics Ltd with immediate effect from 26th July 2025. He cited pre-occupation and personal reasons, stating he could not devote sufficient time to his duties. He confirmed there are no other material reasons behind his exit. The company has recorded its appreciation for his contribution and has enclosed his resignation letter with the intimation to the stock exchange.
This is a routine board-level change with no governance red flags reported. Shareholders may want to monitor whether a replacement Independent Director is appointed within the timelines required under SEBI regulations, as the composition of the audit and other board committees could be temporarily affected.