Completion of second term of five years of Smt Priya Bhansali (DIN: 00195848) and Sri K P Ramakrishnan (DIN: 07029959) as Independent Directors of the Company with effect from the close ....
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Sakthi Finance Ltd has informed the BSE that two Independent Directors — Smt Priya Bhansali (DIN: 00195848) and Sri K P Ramakrishnan (DIN: 07029959) — have completed their second (final) five-year term as Independent Directors and ceased to be on the Board and its Committees with effect from the close of business hours on September 27, 2025. Under SEBI rules, independent directors can serve a maximum of two consecutive terms. The disclosure was filed under Regulation 30 and 51 of the SEBI Listing Regulations. No information about replacement directors has been included in this filing.
Two independent directors are leaving the board simultaneously, which could create a temporary governance gap until new independent directors are appointed to meet SEBI's board composition requirements. Investors should watch for a follow-up announcement on the appointment of new independent directors.