Subex Limited has informed the Exchange regarding a press release dated September 30, 2025, titled "Press release titled Subex Limited Announces Board Transition and ReaffirmsCommitment to Stability and Growth'".
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Subex Limited announced a board-level transition following its Annual General Meeting. Two of the company's current Independent Directors have tendered their resignations, which the company has accepted with appreciation for their contributions. MD & CEO Nisha Dutt confirmed she remains in her role and that the leadership team and day-to-day operations will continue without disruption. The Board has begun a structured search for new independent directors to strengthen governance. The company emphasized its solid fundamentals, ongoing transformation, and continued commitment to strategic priorities and stakeholder value.
The departure of two independent directors may create short-term governance uncertainty and require the company to find suitable replacements, which could take time. However, continuity in the CEO and management team should help reassure investors that business operations and strategy remain on track.