The Board of directors in the meeting held on 03.12.2025, approved and noted the resignation of Mr. Praveen Chandola as director. This intimation is in compliance of Regulation 30 of (LODR).
Awaiting price reaction for this filing.
Rushabh Precision Bearings announced multiple board changes on December 3, 2025. The board appointed Mr. Robert Jonathan Moses (30+ years in leadership, management) and Ms. Namrata Sharma (14+ years in corporate law and governance) as Additional Non-Executive Independent Directors for a 5-year term, subject to shareholder approval. Mr. Praveen Chandola resigned from the board as Director, but will continue in his executive role as Chief Financial Officer (CFO) to enable a clearer separation between board oversight and management. Additionally, Mr. Raj Kumar Sethi's designation was changed from Executive Director to Non-Executive Non-Independent Director as part of an internal governance restructuring.
The changes are governance-driven and largely positive for shareholders, as they strengthen board independence with two new independent directors and create a cleaner separation between management and oversight. No disruption to financial leadership is expected since the CFO continues in his role, so the operational impact should be minimal.