BSEWestern Ministil LtdMediumNegative
Announced Thu, 12 Mar · 18:26 IST

Resignation of Independent Director Paras Chand Jain

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Paras Chand Jain (DIN: 09306054) has resigned as the Non-Executive Independent Director of Western Ministil Ltd, effective from the close of business hours on 12 March 2026. He has cited personal commitments and pre-occupancy as the reason for stepping down. He also ceased to be a member of the Stakeholders Relationship Committee and the Nomination and Remuneration Committee of the company. The director confirmed that there are no other material reasons for his resignation beyond those stated. The company has been informed via a formal letter submitted to the Board and disclosed to BSE under Regulation 30 of SEBI LODR Regulations.

Likely market impact

This is a routine board-level change with no material business impact stated; the company will need to fill the independent director vacancy to maintain regulatory compliance. Shareholders should watch for any subsequent appointment announcement, as a prolonged vacancy could affect board composition requirements.