Intimation of completion of term of Independent Director.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ms. Disha Jain's tenure as Independent Director of Satyam Silk Mills Ltd has concluded. She was appointed on August 27, 2021 for a 5-year term (May 7, 2021 to May 6, 2026). Ms. Jain has chosen not to seek re-appointment for a second term, meaning she will not continue on the board after her first term expired on May 6, 2026. This is a routine completion of term rather than an early resignation. The company has filed this intimation with BSE in compliance with SEBI regulations regarding disclosure of director changes.
The departure removes one independent director from the board, potentially affecting board independence and composition. Investors should monitor for appointment of a replacement independent director to maintain compliance with listing requirements.