Sigma Solve Limited has informed the Exchange regarding Outcome of Board Meeting held on March 18, 2026.
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Sigma Solve Limited's board, at its meeting on March 18, 2026, accepted the resignations of two directors effective March 16, 2026: Mr. Sharmeel Sanjay Gandhi (Independent Director, on board since July 30, 2025) and Mr. Nitin Pramukhlal Patel (Non-Executive Director, on board since February 21, 2019). Both cited pre-occupation with other work and personal/professional commitments, with no other material reasons stated. The board also approved renaming the dividend account to 'Unpaid/Unclaimed Dividend Account' for FY2025-26 and reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees, now comprising only Independent Directors (Pratik Shah, Aditya Patel, Siddhraj Gohil, and Archana Shah). No new director appointments were announced to fill the vacancies.
Two directors stepping down simultaneously is a notable governance change, though the cited reasons (pre-occupation, personal commitments) are routine. With committees now staffed entirely by existing Independent Directors, the company still meets SEBI's composition norms, but shareholders should watch for timely appointment of new directors to maintain board strength.