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 has informed the stock exchanges that two directors — Mr. Satish Jayantilal Khimawat (Non-Executive Independent Director) and Mr. Sharad Deoraj Jain (Non-Executive Non-Independent Director) — have resigned from the board with effect from the close of business hours on November 11, 2025. Both directors cited 'prior commitments' as the reason for stepping down and confirmed there are no other material reasons for their departure. The intimation was filed under SEBI's Listing Regulations, and resignation letters along with required disclosures have been enclosed. The communication was signed by Director Sejal Doshi on behalf of the company.
The simultaneous exit of two directors, including one Independent Director, may temporarily affect board composition and committee memberships, requiring the company to appoint replacements to comply with listing and governance requirements. Shareholders should watch for any further announcements regarding new appointments.