Announced Tue, 31 Mar · 15:52 IST

Retirement of Ms. Jaini V Shah as an Independent Director of the company upon the completion of her second consecutive term of 5 years.

Management Changes View source PDF

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+10.1%1-day move
₹9.87
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AI summary

Ms. Jaini Vyom Shah (DIN: 07476027) has retired as Non-Executive Independent Director of Suvidha Infraestate Corporation Limited with effect from 31st March 2026. This follows the natural completion of her second consecutive 5-year term as an Independent Director, after which she is no longer on the Board. The company has recorded its appreciation for her contributions during her tenure. The disclosure is made under SEBI Listing Regulations and signed by Managing Director Kishore Kumar K. Goswami.

Likely market impact

This is a routine, scheduled retirement at the end of a permissible two-term tenure and is not expected to materially impact the company's operations or shareholder value. Investors may watch for the appointment of a replacement Independent Director to ensure the Board remains compliant with composition requirements.