Sai Silks (Kalamandir) Limited has informed the Exchange about Resignation of Director/KMP/SMP
KALAMANDIR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ms. Sirisha Chintapalli has resigned as Independent Director of Sai Silks (Kalamandir) Limited effective May 6, 2026. She cited 'better professional opportunities' as the reason for her resignation. As a result, she also ceases to be Member of the Audit Committee, Member of the Nomination and Remuneration Committee, and Chairperson of the Stakeholder Relationship Committee. The company has confirmed there are no material reasons for her resignation beyond what was stated. She continues to hold an independent directorship at Zen Technologies Limited.
The resignation removes an independent director from key board committees, which could temporarily affect governance oversight. However, since the company confirmed no material concerns, the impact on stock may be minimal unless investors view the departure as reducing board independence.