Simbhaoli Sugars Limited has informed the Exchange regarding Resignation of Mr. Raghav Sharma as Independent Director of the company w.e.f. August 29, 2025.
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Mr. Raghav Sharma (DIN: 10591405) has resigned as an Independent Director of Simbhaoli Sugars Limited, effective August 29, 2025. The reason cited is his other professional and personal occupations, with no other material reasons disclosed. He has also confirmed that there are no pending concerns or issues behind his departure. The resignation letter has been submitted to the board, and the company has filed the required disclosure with NSE and BSE under SEBI LODR regulations.
This is a routine independent director resignation with no governance red flags, so it is unlikely to have any material impact on the stock price or shareholder sentiment. The company will need to fill the vacant independent director position within the timeline required under SEBI rules to maintain board composition compliance.