This is to inform you that Mr. Ishtiaq Ali, Non-Executive Independent Director of Suumaya Corporation Limited has tendered his resignation, which is effective from close of business hours ....
Awaiting price reaction for this filing.
Suumaya Corporation Ltd has informed the BSE that Mr. Ishtiaq Ali (DIN: 02965131), a Non-Executive Independent Director, has resigned from the board effective from the close of business hours on November 20, 2025. The reason cited in his resignation letter is 'prior commitments,' and the company has confirmed there are no other material reasons for his exit. Mr. Ishtiaq Ali also serves as an Independent Director on the board of Shree Pushtar Chemicals & Fertilisers Limited, where he sits on the Audit, Nomination & Remuneration, and Stakeholder Relationship Committees. The intimation has been filed under SEBI's Listing Regulations, and the communication is signed by Director Sejal Doshi.
This is a single independent director departure with a routine reason ('prior commitments') and no governance red flags. For shareholders, it should not materially affect the stock, though the board will need to fill the vacancy in due course to comply with the minimum independent director requirement.