Resignation of Mr. Ghanshyam Dhananjay Gavali as a Non Executive Non Independent Director and consequent to his resignation, the Nomination and Remuneration Committee has been reconstituted.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Ghanshyam Dhananjay Gavali (DIN: 03343352) has resigned as a Non-Executive Non-Independent Director of Sugs Lloyd Ltd, effective from the close of business hours on October 27, 2025, citing personal and unavoidable reasons. He has also stepped down as a member of the Nomination and Remuneration Committee (NRC). To fill the vacancy, Mr. Dilip Kumar Agarwalla, an existing Non-Executive Independent Director (DIN: 02797949), has been appointed as a member of the NRC with effect from October 27, 2025. The NRC has been reconstituted with three members: Mrs. Kavita Rani as Chairman, Mr. Rajveer Singh, and Mr. Dilip Kumar Agarwalla as members.
This is a routine board-level governance change with no material financial or operational impact on the company. The departing director was non-executive and non-independent, and the vacancy on the NRC has already been filled, so board composition and committee functioning remain uninterrupted.