Suumaya Industries Limited has informed the Exchange regarding Change in Director(s) of the company.
Awaiting price reaction for this filing.
Suumaya Industries Limited has informed the exchange about the resignations of two directors, both effective May 10, 2025. Mr. Amit Satwara (DIN: 08209998) stepped down as Additional Executive Director, and Mr. Sumit Padhiyar (DIN: 10537849) resigned as Additional Non-Executive Director. Both cited preoccupation with other personal and professional commitments as the reason for leaving. The resignations were communicated to the company via email on May 12, 2025, and disclosed under SEBI Listing Regulations, with detailed annexures attached.
The simultaneous exit of two directors may raise short-term governance questions for retail investors, though both were additional (board-appointed) directors and no performance or audit-related issues were flagged. Shareholders should watch for any replacements or further board-level changes in the coming weeks.