Shalby Limited has informed the Exchange regarding Resignation of Mr. Vijay Kishanlal Kedia as Independent Director of the company w.e.f. April 30, 2026.

Mr. Vijay Kishanlal Kedia has tendered his resignation as Independent Director of Shalby Limited, effective from close of business hours on April 30, 2026. The stated reason is increasing professional commitments and time constraints. Notably, the resignation letter explicitly mentions governance concerns — he states he cannot devote adequate time, attention, and compliance oversight that the Independent Director role requires, and steps down "in the interest of good governance and Board effectiveness." He has confirmed there are no other material reasons for the resignation. Mr. Kedia also serves as a Non-Executive Director on Atul Auto Ltd and holds a position on their Stakeholder Relationship Committee.