Submission of resignation of Director.
Awaiting price reaction for this filing.
Ramasigns Industries held a board meeting on August 14, 2025, where it approved the unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). The board appointed M/s Pooja Gandhi & Co. as Secretarial Auditor for a 5-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval. Mr. Bipin Sikligar (DIN: 11242214) was appointed as an Additional Non-Executive Independent Director for 5 years, also pending shareholder approval. Mr. Prashaant Manoharlal Jain (DIN: 08463864) resigned from the board as Independent Director, citing preoccupation and inability to dedicate adequate time, and also stepped down from the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee.
The resignation is a routine single-director exit with no governance red flags or stated material concerns. The simultaneous appointment of a new Independent Director maintains board composition, and the Q1 results plus new secretarial auditor appointment are standard compliance items.