Tokyo Plast International Limited has informed the Exchange regarding Cessation of Mrs Jagruti Mayurbhai Sanghavi as Non- Executive Independent Director of the company w.e.f. September 29, 2025.
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Tokyo Plast International has informed the stock exchanges that Mrs. Jagruti Mayurbhai Sanghavi, a Non-Executive Independent Director (DIN: 07144651), has ceased to be a Director of the company with effect from the close of business hours on September 29, 2025. The cessation is due to the completion of her second and final term as an Independent Director, in line with SEBI regulations. The Board and Management have expressed appreciation for her contributions. The company has filed the required disclosures under Regulation 30 of the SEBI Listing Regulations.
This is a routine, regulatory-driven change and not a surprise resignation. Shareholders should note that the Board will need to fill this independent director seat in due course to comply with board composition norms, but the event itself is unlikely to have a material impact on the stock price or business operations.