To take note of Resignation of Ms. Rinkal (DIN: 10905670) and Ms. Komal (DIN: 09441686), from the post of Non-Executive & Independent Directors of the Company w.e.f. 14th April, 2025 from ....
Awaiting price reaction for this filing.
Starlit Power Systems Ltd informed the BSE that its board, at a meeting held on May 8, 2025, took note of the resignations of two Independent Directors — Ms. Rinkal (DIN: 10905670) and Ms. Komal (DIN: 09441686) — effective April 14, 2025, from the close of business hours. Both directors cited personal commitments and inability to dedicate sufficient time to their duties as the reason for stepping down, and confirmed there were no other material reasons for their exit. Neither director held directorships in any other listed entity. The company has not yet announced replacements for the vacant independent director positions.
The simultaneous exit of two independent directors may impact board composition and could require the company to appoint new independent directors to comply with SEBI's minimum independent director requirements. Short-term, this is likely a neutral-to-mildly-negative governance signal for shareholders, though the cited reasons appear routine.