Resignation of Independent Director Mr. Suhas Ashok Kadam
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Stellant Securities (India) Ltd has informed the stock exchange that Mr. Suhas Ashok Kadam (DIN: 10521378) has resigned from his position as Non-Executive Independent Director, effective from the close of business hours on 31st July 2025. The reason cited in his resignation letter is certain personal pressing engagements, and he confirmed there are no other material reasons behind his exit. Mr. Kadam does not hold directorship in any other listed entity. The company has submitted this intimation under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a routine board-level change with personal reasons cited and no governance concerns flagged. For shareholders, this is a neutral development with no direct impact on the company's operations or financials, though the company will need to fill the independent director vacancy to maintain board composition compliance.