Resignation of Ms. Chinar RajkumarJethwani (DIN: 07141393) as an Independent Director of the Company with effect from May 22, 2026 due to personal reasons.
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Ms. Chinar Rajkumar Jethwani has resigned from the position of Independent Director of True Green Bio Energy Ltd with effect from May 22, 2026. The resignation has been submitted citing personal and unavoidable circumstances. The company has acknowledged her valuable contribution and guidance during her tenure as an Independent Director. The disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The effective date mentioned in the regulatory filing is May 22, 2026, though the resignation letter states 'immediate effect'.
The resignation of an Independent Director may raise minor governance concerns as it reduces board independence. However, since only one director resigned citing personal reasons, the impact on shareholders is likely minimal unless further resignations or details emerge.