Vijaya Diagnostic Centre Limited has informed the Exchange about change in Management
VIJAYA · price
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Mr. Shekhar Prasad Singh and Mr. Satyanaryana Murthy Chavali have ceased to be Non-Executive Independent Directors of Vijaya Diagnostic Centre Limited upon completion of their respective tenures, effective from the close of business hours on May 25, 2026. Both departures are due to natural tenure completion, not resignation or removal. The company has expressed appreciation for their valuable services and contributions during their tenure. Mr. Satyanaryana Murthy Chavali also held directorship positions in Gland Pharma Limited, including chairing several board committees.
The departure of two independent directors at once may require the company to appoint new independent directors to maintain board compliance. Since this is a routine tenure completion rather than a forced resignation, the market impact is expected to be minimal unless prolonged vacancies raise governance concerns.