Thirumalai Chemicals Limited has informed the Exchange about Retirement of Independent Director of the Company.
TIRUMALCHM · price
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Mr. Arun Ramanathan (DIN: 00308848) has completed his second and final term as an Independent Director of Thirumalai Chemicals Limited on July 21, 2025. As a result, he ceases to be a Director of the company from the close of business hours on the same date. Under Indian company law, independent directors can serve a maximum of two consecutive five-year terms, so this is the natural end of his tenure rather than a sudden exit.
This is a routine, planned departure and not a red flag for shareholders. Investors should watch for timely appointment of a replacement independent director to maintain board composition and audit committee requirements.