INTIMATION OF COMPLETION OF TERM OF INDEPENDENT DIRECTOR
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Ms. Disha Jain, an independent director of Satyam Silk Mills Ltd, has completed her five-year term that began on 7th May 2021. She has expressed her intention not to seek re-appointment for a second term, resulting in her cessation effective 6th May 2026. This is a scheduled completion of a fixed term, not a mid-term resignation. The company has notified BSE of this change pursuant to SEBI regulations. Rohitkumar Mishra, Director, signed the intimation.
One independent director leaving upon term completion. While not a mid-term resignation, this reduces the board's independent director count and may require replacement to maintain compliance with corporate governance norms.