Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015- Change in Management
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rudra Ecovation Ltd informed the stock exchange that Mr. Surjit Singh (DIN: 07143372), a Non-Executive Independent Director, resigned from the board effective August 13, 2025, citing personal and unavoidable circumstances. He also stepped down as Chairperson of the Nomination and Remuneration Committee, Stakeholders Relationship Committee, Securities Transfer Committee, and Banking and Finance Committee. The board simultaneously appointed Mr. Dharam Veer Singh (DIN: 11060607) as an Additional Director in the Non-Executive Independent Director category for a 5-year term (August 13, 2025 to August 12, 2030), subject to shareholder approval. Mr. Dharam Veer Singh is a Punjab University graduate with over 20 years of textile industry experience and holds directorships in Shiva Texfabs Limited and Yogindera Worsted Limited. The company confirmed that the outgoing director does not hold directorships in any other listed entities and that there are no other material reasons behind his resignation.
This is a routine board-level transition with no governance red flags or sudden departures. The independent director seat is being filled promptly with a textile industry veteran, so the change is unlikely to have a meaningful impact on shareholders or the stock price.