SONAMLTDNSESONAM LIMITEDMediumNeutral
Announced Tue, 30 Sept · 17:58 IST

SONAM LIMITED has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

SONAMLTD · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sonam Limited's board, at its meeting on 30th September 2025, approved two changes to the board. First, Mr. Ravi Prakashbhai Ranpura (DIN: 10658830) was appointed as a Non-Executive Additional Independent Director. He is a qualified Company Secretary and LLB with expertise in secretarial audits, legal due diligence, and corporate governance, and is not related to any existing director or key managerial personnel. Second, the board noted the resignation of Mrs. Ashaben Vipulkumar Patel (DIN: 08118611) as Independent Director, effective the same day. She cited pre-occupancy and inability to devote sufficient time as the reason and confirmed there are no other material reasons for her exit.

Likely market impact

This is a routine one-for-one board change among independent directors, with no apparent governance concerns. The resigning director stepped down for personal time-related reasons, and the new appointee is an unrelated professional. The development is neutral for shareholders with no material impact expected on the stock.