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 with effect from May 29, 2026. The Board accepted his resignation at its meeting held on the same date. The stated reason for his departure is prior commitments and inability to devote sufficient time to the company's management and operations. The company has confirmed there is no other material reason for the resignation beyond what was stated. The Board expressed appreciation for his valuable contribution during his tenure.
The resignation of a non-executive director may raise minor governance concerns due to potential board instability, though the personal reason cited (time constraints) suggests no underlying corporate issues.