Mr. Abhishek Shashikant Agrawal (DIN: 03052720) and Mr. Ketan Vyas(DIN: 09053821) have completed their tenure of one term as Independent Directors of the Company and consequently ceased ....
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Triliance Polymers Ltd has informed the stock exchanges that two Independent Directors, Mr. Abhishek Shashikant Agrawal (DIN: 03052720) and Mr. Ketan Vyas (DIN: 09053821), have completed their one-term tenure and consequently ceased to be Directors of the company with effect from the close of business hours on 29th August 2025. Both were appointed on 30th August 2024, meaning they served a one-year term as Independent Directors. The Board has expressed appreciation for their contribution and stewardship during their tenure. The disclosure has been made under SEBI's Listing Regulations (Regulation 30 read with Schedule III). The company is otherwise signed off by Executive Director Punit Shah.
Two independent directors exiting simultaneously could create a temporary gap in board composition until replacements are appointed, which may raise minor governance concerns for shareholders. However, since the cessation is due to natural end of tenure rather than any controversy, the impact on the stock is expected to be limited.