Intimation regarding completion of term of Mrs. Kunda Kalpana, Independent Director
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Awaiting price reaction for this filing.
Vivo Bio Tech Ltd has informed the BSE that the term of Mrs. Kunda Kalpana as an Independent Director of the company has come to an end. This is a routine corporate governance disclosure required when an independent director's tenure is completed. No specific reasons or successor details are mentioned in the intimation. Shareholders and the stock exchange are being notified as per listing regulations.
This is a routine, pre-scheduled event with no negative connotation for shareholders. The stock price is unlikely to be affected, though the company will need to appoint a replacement independent director to maintain the required board composition.