esignation of Mrs. Ankita Garg, as Independent Director of the Company w.e.f. 20.09.2025
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Mrs. Ankita Garg (DIN: 09252403) has resigned from her position as Non-Executive Independent Director of Space Incubatrics Technologies Ltd, effective 20 September 2025. She cited personal reasons and other professional commitments as the cause for her departure. As a result, she also vacated her chairmanship of three key board committees — Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee. The company confirmed there are no other material reasons behind her exit beyond what was disclosed.
Investors should note that three important board committees have lost their chairperson simultaneously, which may temporarily weaken governance oversight until replacements are appointed. This is a single independent director exit on personal grounds with no governance red flags mentioned.