Announced Fri, 27 Jun · 17:36 IST

SATIN CREDITCARE NETWORK LIMITED has informed the Exchange about Resignation of Independent director.

Management Changes View source PDF

SATIN · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Satin Creditcare Network Limited has informed the exchange about the resignation of Mr. Anil Kaul (DIN: 00644761) as Non-Executive & Independent Director of the company, effective June 27, 2025. Mr. Kaul cited taking up a new full-time assignment that requires his complete attention, making it difficult to dedicate adequate time to the company's board and committees. He confirmed there are no other material reasons for his departure. Mr. Kaul also holds directorships in LIC Housing Finance Limited and Hiranandani Financial Services Private Limited.

Likely market impact

This is a routine single independent director resignation due to a personal professional commitment and is unlikely to have a material impact on the stock price or company operations.