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, effective August 5, 2025. She cited pre-occupation and personal commitments as the reason and confirmed there are no other material reasons for her exit. Following her departure, the Nomination and Remuneration Committee has been reconstituted, with Shri. Dev Kishan Chanda (Non-Executive, Non-Independent Director) added as a member in her place. The company has stated it will search for a new Independent Director at the earliest to ensure compliance with SEBI LODR board composition requirements. The Board recorded its appreciation for her contributions during her tenure.
This is a routine, personal-reason resignation of a single Independent Director with no governance concerns flagged. The company may need to fill the vacant Independent Director seat promptly to maintain regulatory compliance, but no immediate material impact on operations or shareholders is expected.