Resignation of Independent Director w.e.f August 05,2025
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Mrs. Yukti Gulati Chanana (DIN: 10729190) has resigned as an Independent Director of Shree Krishna Paper Mills & Industries Ltd with effect from August 5, 2025. The reason cited is her pre-occupation and personal commitments, and she has confirmed there are no other material reasons for her exit. The Nomination and Remuneration Committee has been reconstituted by inducting Shri. Dev Kishan Chanda (Non-Executive Director) in her place. The company has stated it will search for a new Independent Director at the earliest to maintain board composition compliance under SEBI LODR.
This is a routine, single independent director exit with personal reasons and no governance red flags. Shareholders should note the temporary vacancy on the board, but the company has indicated it will fill the position shortly. Minimal impact expected on the stock price.