Announced Fri, 29 May · 17:24 IST

Intimation of Resignation of Mr. Chetan Mundhada (DIN: 10484767) from the position of Non-Executive Director of the Company.

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+4.3%1-day move
₹402.50
prior close
₹401.20
base price
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+1.4+1.6+1.8+1.0+4.3+3.1+1.6+3.5+0.9-7.1-3.9-1.7
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AI summary

Mr. Chetan Mundhada has tendered his resignation from the position of Non-Executive Director of Unified Data Tech Solutions Ltd, effective May 29, 2026. The resignation cites personal and professional commitments as the reason. He has also stepped down from all Board Committees where he served as Chairman or Member. The company has confirmed that there are no other material reasons behind this resignation. The disclosure has been signed by Hiren Rajendra Mehta, Chairman & Managing Director, in compliance with SEBI LODR Regulation 30.

Likely market impact

This resignation removes a Non-Executive Director from the board. The stated reason appears routine with no red flags, but it does reduce board strength by one. Shareholders should monitor whether the company appoints a replacement director to maintain board composition.