Announced Thu, 30 Oct · 16:10 IST

Find Attached herewith Intimation under Regulation 30 SEBI (LODR) Regulation, 2015.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

United Leasing & Industries Ltd has informed the stock exchanges that Mr. Suman Kapur (DIN: 00590936), Independent Director, completed his tenure on the board with effect from 30th September 2025. The reason cited is completion of his term as an Independent Director, not a resignation or removal. The Board and management expressed appreciation for his contributions during his tenure. An acknowledgement letter from Mr. Suman Kapur confirming the end of his tenure has also been enclosed. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Likely market impact

This is a routine board-level change due to natural end of tenure and is unlikely to have any material impact on the company's operations or stock price. Shareholders should note that the company has not yet announced a replacement for the vacant Independent Director seat.