SIGMA SOLVE LIMITED has informed the Exchange about Resignation of Independent director.
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Sigma Solve Limited informed the 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 30th June 2025. Both cited pre-occupation with other work, personal reasons, and professional commitments as the reasons for stepping down. The Managing Director, Prakash Rashmikant Parikh (DIN: 03019773), accepted both resignations. Neither director mentioned any material reasons or disagreements with the board.
The simultaneous exit of both Independent Directors weakens the independent oversight on the board and may raise short-term corporate governance concerns, though the company will need to fill these positions within the timeline required by SEBI/Companies Act rules.