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Awaiting price reaction for this filing.
Tirupati Sarjan Ltd has informed the stock exchanges that Mr. Jayraj Purushottamdas Mehta (DIN: 07283499) ceased to be an Independent Director of the company on September 29, 2025, after completing his second consecutive 5-year term as per SEBI norms. The Board has noted this cessation and reconstituted three key committees — Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee — effective September 30, 2025. All three committees will now be led by Ms. Shivangi Hitendrakumar Gor (Independent Director) as Chairperson, with two other directors as members. This is a routine regulatory compliance filing with no change in control or management.
This is a routine, non-impactful event — the director's exit is due to the legally mandated maximum tenure limit, not any governance concern. Shareholders should not expect any material effect on operations, financials, or stock price.