Resignation of Mr. Mahesh Chand Mittal as Director of the Company.
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Mr. Mahesh Chand Mittal (DIN: 00284866) has resigned as Non-Executive Director of Space Incubatrics Technologies Limited with effect from 20th September 2025. The reason cited is personal reasons and other professional commitments. He also stepped down as a member of the Nomination & Remuneration Committee and the Stakeholders Relationship Committee. The company confirmed there are no other material reasons behind the resignation. The communication was signed by Khushbu Singhal, Company Secretary & Compliance Officer.
The departure of a non-executive director may lead to a temporary vacancy on the board and its committees, but since it is a single, non-executive resignation for personal reasons, the immediate impact on shareholders or stock price is likely to be minimal.