Pursuant to the email dated 6th April, 2026, the Additional Information regarding Mrs. Ritu S Jain has been submitted to the Stock Exchanges.
WEBELSOLAR · price
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Mrs. Ritu S. Jain, Independent Director (DIN: 00534451) of Websol Energy System Ltd, resigned from the board effective April 8, 2025. Her original resignation letter was dated April 4, 2025, citing time constraints and inability to fulfill her role. The company explains that after receiving her resignation letter, management held discussions with her about continuing on the board due to her valuable expertise, but she declined due to professional commitments. The company acknowledges a delay in informing the stock exchange, which was only done after these discussions concluded and both parties confirmed the resignation. She confirmed she did not hold any directorship in any other listed company at the time of resignation.
The resignation of an Independent Director, coupled with the company's delayed disclosure, raises minor governance concerns for shareholders as it reflects potential gaps in timely reporting to exchanges.