SIGMA SOLVE LIMITED has informed the Exchange about Resignation of Independent director.
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Sigma Solve Limited informed the stock exchange that two Independent Directors — Jayesh Ramanlal Shah (DIN: 00303062) and Raxitkumar Sureshbhai Patel (DIN: 01515148) — have resigned from the board with immediate effect on June 30, 2025. Both directors cited pre-occupation with other work and personal/professional commitments as the reason for stepping down, and stated there are no other material reasons behind the exit. The resignations were accepted by Managing Director Prakash Ramlal Parikh.
The board has lost two independent directors on the same day, which may raise governance concerns about continuity of board oversight. Sigma Solve will need to appoint new independent directors within the timeframe required under SEBI listing rules to maintain compliance with minimum board composition requirements.