Annoucement under Regulation 30 for Change in Managment due to Resigantion of Independent Director Mr. Murari Agarawal and Appoinment of additinal Independent Director Ms.Dhwani Nagar w.e.f ....
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VMS Industries Ltd informed the BSE that its board, at a meeting on 16 July 2025, accepted the resignation of Mr. Murari Agarwal (DIN: 10433524) as Non-Executive Independent Director, effective the same day, citing other professional commitments. In the same meeting, the board appointed Ms. Dhwani Nagar (DIN: 10874632) as Additional Director (Non-Executive, Independent) for a 5-year term, subject to shareholder approval. Ms. Nagar holds B.Com, LL.B, and CS qualifications with over 5 years of experience in corporate law and secretarial compliance. The company confirmed Ms. Nagar is not debarred from directorship by any SEBI order.
This is a routine one-for-one board refresh at the independent director level with no governance concerns flagged. Shareholders will need to approve Ms. Nagar's appointment at the next general meeting, but the change is unlikely to materially affect the stock price or company operations.