Details required under Regulation 30 of SEBI (LODR) Regulations, 2015 regarding Resignation of Mr. Aman Tiwari as Independent Director of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Aman Tiwari (DIN: 08495617) has resigned as Independent Director of Tasty Dairy Specialities Ltd, effective from the close of business hours on November 15, 2025. He cited personal and unavoidable circumstances as the reason and confirmed there are no other material reasons for his exit. The company is currently under the Corporate Insolvency Resolution Process (CIRP) under the IBC 2016, with Resolution Professional Mr. Anish Agarwal managing its affairs following an order dated October 7, 2025. Mr. Tiwari did not hold any directorship in other listed entities. The communication has been filed under Regulation 30 of SEBI LODR Regulations.
The resignation of an Independent Director during the ongoing CIRP may raise governance concerns for shareholders, as the company is already under insolvency proceedings and board continuity matters. This is a routine disclosure but reduces the independent oversight on the board until a replacement is appointed, which could add to governance uncertainty for retail investors.