Cessation of Independent Directors upon completion of their tenure
VIJAYA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Two Non-Executive Independent Directors of Vijaya Diagnostic Centre Ltd, Mr. Shekhar Prasad Singh and Mr. Satyanaryana Murthy Chavali, have ceased their positions effective May 25, 2026 upon completion of their respective tenures. Both departures are routine and due to natural tenure completion rather than resignation. Mr. Satyanaryana Murthy Chavali continues to serve as an Independent Director at Gland Pharma Limited with multiple committee chairmanship roles. The company expressed appreciation for their services and contributions during their tenure. This disclosure complies with SEBI's Regulation 30 requirements for material events.
The stock may see minor sentiment impact due to the loss of independent directors, but this is a planned succession rather than a sudden departure. Shareholders should monitor for new independent director appointments to maintain board independence requirements.