Megasoft Limited has informed the Exchange regarding Cessation of Mr. Krishna Yeachuri (DIN: 00066898) as Non- Executive Director of the company w.e.f. March 31, 2025.
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The filing reports that Mr. Krishna Yeachuri (DIN: 00066898) has ceased to be a Non-Executive Director with effect from March 31, 2025. The headline references Megasoft Limited as the entity informing the Exchange, while the filing is tagged under Sigma Advanced Systems Limited, suggesting a possible mismatch or related-party linkage between the two entities. No reasons for the cessation or future board composition plans were disclosed. This is a single director-level change and does not involve any executive management or financial role.
Routine board-level change with no direct impact on operations, financials, or shareholder value. Investors should watch for follow-up filings clarifying the board composition and any strategic direction changes.