ZENITH EXPORTS LIMITED has informed the Exchange about Resignation of Independent director.
ZENITHEXPO · price
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Mr. Surendra Bafna (DIN: 00127681) has resigned from his position as Non-Executive Independent Director of Zenith Exports Limited, effective immediately on 25th June 2025. He cited poor health as the reason for stepping down. Mr. Bafna was also a member of the Audit Committee and Nomination & Remuneration Committee, so those positions also stand vacated. He confirmed there are no other material reasons behind his resignation, suggesting no governance concerns. The letter was signed and submitted via email to the company and has been formally filed with NSE and BSE.
The company will need to appoint a new independent director within the regulatory timeline to maintain the required board composition under SEBI LODR norms. For shareholders, this is a routine personal-health-driven exit with no governance red flags, so near-term stock impact is expected to be minimal.