Resignation of Mr. Raghav Sharma, Independent Director of the Company.
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Mr. Raghav Sharma (DIN: 10591405) has resigned as an Independent Director of Simbhaoli Sugars Limited with effect from August 29, 2025. He cited his other professional and personal occupations as the reason for stepping down and confirmed there are no material reasons behind the resignation. The company has made the required disclosure to NSE and BSE under SEBI Listing Regulations. This is a single independent director exit with no governance red flags mentioned in the filing.
This is a routine board-level change with no stated governance concerns. Investors should monitor whether the company fills this independent director position within the SEBI-prescribed timeline to maintain board composition compliance. Short-term impact on the stock is expected to be neutral.