Cessation of Mr. Wilson David Nadar as a No-Executive Independent Director of the Company, pursuant to the completion of Two (2) consecutive terms of Five(5) years each.
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Mr. Wilson David Nadar (DIN: 06901019) ceased to be a Non-Executive Independent Director of Vantage Knowledge Academy Ltd with effect from the close of business hours on 15th September 2025, after completing two consecutive five-year terms (10 years total) as per SEBI regulations. The Board has recorded its appreciation for his contributions during his tenure. Simultaneously, Mrs. Deepali Jain (DIN: 11300258), a professional with over 20 years of experience across leadership, management, and directorship roles, has been appointed as Additional Non-Executive Independent Director from 15th September 2025, subject to shareholder approval. Mrs. Jain has been inducted as a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The updated board now has five directors, with the Managing Director Neeta Rajesh Dedhia and three Non-Executive Non-Independent Directors continuing alongside the new appointee.
This is a routine board refresh with no negative implications for shareholders. The replacement of an Independent Director who completed maximum tenure under SEBI rules is compliance-driven, and the new appointee brings 20+ years of diverse leadership experience, ensuring continued board oversight without any governance disruption.