Resignation of Ms. Sirisha Chintapalli (DIN 08407008), Non Executive Independent director with effect from May 06, 2026
KALAMANDIR · price
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Ms. Sirisha Chintapalli (DIN 08407008) has resigned as Independent Director of Sai Silks (Kalamandir) Ltd with effect from May 6, 2026. She cited "better professional opportunities" as the reason for her resignation and confirmed there are no material reasons beyond this. With her departure, she ceases to be a member of the Audit Committee, Nomination and Remuneration Committee, and chairperson of the Stakeholder Relationship Committee. The company confirmed no material reasons exist for the resignation. She continues to hold an independent directorship at Zen Technologies Limited.
The resignation of an independent director, particularly one who chaired the Stakeholder Relationship Committee, may raise governance concerns for investors. The board will need to appoint a replacement to maintain committee composition as per SEBI LODR requirements.