This is to inform you that Mr. Satish Jayantilal Khimawat, Non-Executive Independent Director and Mr. Sharad Deoraj Jain, Non-Executive Non-Independent Director of Suumaya Corporation Limited ....
Awaiting price reaction for this filing.
Suumaya Corporation Ltd informed the BSE that two directors have resigned with effect from the close of business hours on November 11, 2025. Mr. Satish Jayantilal Khimawat (DIN: 07769130) stepped down as Non-Executive Independent Director, and Mr. Sharad Deoraj Jain (DIN: 01686035) stepped down as Non-Executive Non-Independent Director. Both cited 'prior commitments' as the reason for their exit. The resignations were tendered via separate emails on the same date. The intimation has been filed under SEBI Listing Regulations, with detailed annexures and resignation letters enclosed.
With the loss of one Independent Director, the company will need to ensure board composition continues to meet SEBI's minimum requirement for independent directors, or appoint a replacement soon. Same-day resignations of two directors on routine reasons may draw some investor attention to board stability, though no governance concern has been flagged.