RESIGNATION OF MR.ANIL MITTAL,(DIN: 00040337) NON-EXECUTIVE, NON-INDEPENDENT DIRECTOR OF THE COMPANY WITH EFFECT FROM 29TH MAY,2026
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Mr. Anil Mittal (DIN: 00040337) has tendered his resignation as Non-Executive, Non-Independent Director of Trans Freight Containers Ltd, effective May 29, 2026. The Board accepted his resignation at its meeting held on the same day. The stated reason for resignation is prior commitments and inability to devote sufficient time to company management and operations. The company has confirmed there is no other material reason behind the resignation. The Board expressed appreciation for his valuable contribution during his tenure.
This is a routine director resignation with no apparent red flags. As a non-executive, non-independent director stepping down, the impact on stock price is likely minimal unless governance concerns arise from the departure.