Intimation of Resignation of Independent Director under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.
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SRU Steels Ltd has informed BSE that two Non-Executive Independent Directors — Mr. Himanshu Rajeshkumar Vyas (DIN: 10867339) and Mrs. Kairavi Lalitbhai Vadodariya (DIN: 10849564) — have resigned from the Board with effect from close of business hours on 13th October 2025. Both directors cited pre-occupation with other matters as the reason for stepping down. Both confirmed there are no other material reasons behind their resignation. The Board recorded its appreciation for their contributions during their tenure. Neither director holds directorship in any other listed entity.
The simultaneous exit of both independent directors on the same day could raise short-term governance concerns, as the company will need to fill these board positions to comply with SEBI's minimum independent director requirements. Shareholders should watch for timely appointments of new independent directors.