Stallion India Fluorochemicals Limited has informed the Exchange regarding Cessation of Shri Gautam Lath as Non- Executive Independent Director of the company w.e.f. April 20, 2026.
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Shri Gautam Lath has resigned as Non-Executive Independent Director of Stallion India Fluorochemicals Limited, effective April 20, 2026. The resignation was tendered citing 'increasing professional commitments' as the reason. He has also stepped down from all Board Committees where he served as Chairman or Member. The company has confirmed receipt of his resignation letter dated April 20, 2026. Shri Lath has confirmed there are no material reasons for his departure other than those stated, and he has no claims against the company. He held no directorships in other listed entities.
The resignation reduces the Board's Independent Director count and committee composition. The stated reason (professional commitments) appears routine with no governance red flags, as the director confirmed no material concerns. However, shareholders should monitor for replacement appointments to maintain board independence requirements.