Vishnu Chemicals Limited has informed the Exchange regarding Cessation of Mr. Tirthankar Mitra as Non- Executive Independent Director of the company w.e.f. August 13, 2025.
VISHNU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vishnu Chemicals has informed the stock exchanges that Mr. Tirthankar Mitra (DIN: 02675454) will cease to be a Non-Executive Independent Director of the company with effect from August 13, 2025. The reason for cessation is the completion of his second term as an Independent Director, in line with SEBI's Listing Regulations which cap independent directors at two consecutive terms. The Board, at its meeting on August 02, 2025, took note of this and recorded its appreciation for his contributions and guidance during his tenure. This is a routine, regulatory-driven exit and not a resignation triggered by any dispute or governance issue. The company has not yet announced his replacement in this filing.
This is a routine, planned event with no material impact on the company's operations or financials. Shareholders may note a brief gap or transition on the board, but the company will need to appoint a new Independent Director to maintain SEBI-mandated board composition requirements.