Sagardeep Alloys Limited has informed the Exchange regarding Outcome of Board Meeting held on May 02, 2025.
SAGARDEEP · price
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Sagardeep Alloys informed the stock exchange about the outcome of its board meeting held on May 02, 2025. The Board noted the cessation of Mrs. Shital Jaydeep Barot (DIN: 10105593) as Additional Director in the Non-Executive Non-Independent category, effective from the closing hours of April 02, 2025. The cessation was carried out under Regulation 17(1)(c) of the SEBI Listing Regulations. The disclosure includes her name, designation, and the effective date of cessation. No appointment details or replacement director was mentioned in the filing.
The departure of one non-executive non-independent director is a routine board change and is unlikely to materially affect operations or stock price. Investors should watch whether the company fills the vacancy within the SEBI-prescribed timeline to maintain board composition compliance.