We wish to inform your esteemed organisation that Mr. Sanjiv Kumar Tandon has tendered his resignation from the position of Non-Executive Non-Independent Director due to his preoccupations, ....
Awaiting price reaction for this filing.
Mipco Seamless Rings (Gujarat) Limited (Scrip Code: 505797) has informed BSE that Mr. Sanjiv Kumar Tandon (DIN: 02579261) has resigned from the position of Non-Executive Non-Independent Director. The resignation takes effect from the close of business hours on 28th August 2025, with personal preoccupations cited as the reason. Mr. Tandon served on three important board committees: the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The intimation has been filed under Regulation 30 of the SEBI LODR Regulations, and signed by Vikky Jain, Additional (Whole-Time) Director.
The exit of a director who sat on three key committees, including the Audit Committee, creates a board-level vacancy that the company will need to fill in due course. Since the stated reason is personal preoccupations and there is no mention of any governance dispute, the immediate impact on shareholders is expected to be limited.