We wish to inform you that Mr. Piyush Garg (DIN: 01144996) has resigned from the position of Independent Director of the Company w.e.f. 25-05-2026 due to pre-occupation with other professional ....

Director Flagged GovernanceManagement Changes View source PDF

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RRP Defense Ltd (formerly Euro Asia Exports Ltd) has announced the resignation of Mr. Piyush Garg (DIN: 01144996) from the position of Independent Director, effective May 25, 2026. The reason cited is pre-occupation with other professional assignments. The filing was submitted to BSE on May 26, 2026, under Regulation 30 of the SEBI Listing Regulations. The company is listed on BSE with scrip code 530929. This reduces the board's independent oversight capacity.

Likely market impact

The resignation of an Independent Director reduces board independence and could raise governance concerns for investors, especially given no replacement has been announced.