Announced Mon, 16 Jun · 10:42 IST

Intimation under Regulation 30 of SEBI LODR Regulation 2015, for the resignation of the Independent Director Mr. George Abraham with effect from 15.06.2025.

Management Changes View source PDF

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AI summary

Mr. George Abraham (DIN: 09413342) has resigned as an Independent Director of SI Capital & Financial Services Ltd, effective from the close of business hours on June 15, 2025. The reason cited is personal commitments requiring his immediate attention. Along with his directorship, he also steps down as a member of the Audit Committee, Stakeholder Relationship Committee, and Independent Directors Committee. He has confirmed there are no other material reasons for his resignation and does not hold directorship in any other listed entity.

Likely market impact

This is a routine board-level change due to personal reasons with no governance red flags. Investors should watch for the appointment of a replacement Independent Director to ensure the board continues to meet SEBI's composition requirements; near-term stock impact is likely minimal.