Intimation is being filed for the cessation of Mr Vinod Manazhy, Independent Director, due to the completion of tenure.
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Awaiting price reaction for this filing.
SI Capital & Financial Services Ltd has informed the stock exchanges that Mr Vinod Manazhy (DIN: 08986929) ceased to be an Independent Director of the company with effect from 9th December 2025, upon completion of his term of appointment. He also stepped down as a member/chairman of various board committees. The company acknowledged a delay in submitting this intimation to the exchange, attributing it to unforeseen circumstances affecting compliance personnel, and stated it is strengthening internal compliance processes.
This is a routine, planned change at end of tenure rather than a sudden resignation, so it should not materially affect the stock. However, the noted delay in filing the disclosure and the reference to compliance gaps may draw some scrutiny from regulators and governance-focused investors.