As per the exchange letter dated September 24, 2025, we are filing the revised disclosure for Mr. Ramesh Damani, Independent Director, as per SEBI Circular dated November 11, 2024.
VIPIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
VIP Industries Ltd has filed a revised disclosure with BSE/NSE regarding the resignation of Mr. Ramesh Damani, an Independent Director, who stepped down citing personal reasons and other commitments. The resignation is effective from the close of the board meeting held on September 23, 2025. The revised filing follows a query raised by the exchange on September 24, 2025, and is being made as per SEBI's master circular dated November 11, 2024. Mr. Damani has confirmed there are no other material reasons for his exit, and the formal resignation letter will be filed separately within the stipulated timeframe. He held no directorships in any other listed entity.
This is a routine disclosure of an independent director's exit for personal reasons with no governance red flags. The departure may marginally affect board composition but is unlikely to materially impact the stock, as the company has stated no material concerns beyond personal reasons.