Intimation under Regulation 30 of SEBI (LODR) Regulation 2015, for Resignation of Mr Mehul Abhaykumar Shah as Non-Executive, Non-Independent Director of the Company w.e.f 06.06.2026
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Simandhar Impex Limited has informed BSE that Mr. Mehul Abhaykumar Shah (DIN: 09806622) has resigned from the Board as a Non-Executive, Non-Independent Director (Professional Category), effective end of business hours on June 6, 2026. In his resignation letter, Mr. Shah cited pre-occupation with other work and inability to devote sufficient time to the company's affairs as the reason, and confirmed there are no other material reasons for his departure. The intimation was signed by Managing Director Prashant Avantilal Vora. Mr. Shah also holds a directorship at Parshva Enterprises Limited. The company has a relatively recent incorporation (CIN registered in 2023) and this is a single-board-level exit with no other changes announced.
This is a routine exit of one non-executive, non-independent director with no stated material concerns, so it is unlikely to materially affect the stock price or shareholder value. Investors should watch for any follow-up board reconstitution announcement.