Zenith Exports Limited has informed the Exchange regarding Resignation of Mr. Surendra Bafna (DIN: 00127681), as Non- Executive Independent Director of the company w.e.f. Jun 25, 2025.
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Zenith Exports Limited has informed the stock exchanges that Mr. Surendra Bafna (DIN: 00127681) has resigned from the Board as a Non-Executive Independent Director, effective June 25, 2025. In his resignation letter, Mr. Bafna cited poor health as the reason for stepping down. He also vacated his positions as a member of the Audit Committee and the Nomination & Remuneration Committee. The company has confirmed that there are no other material reasons for the resignation beyond those disclosed, and the filing has been made under SEBI LODR Regulation 30.
This is a routine board-level change driven by personal health reasons and is unlikely to have a material impact on the company's operations or stock price. Shareholders may want to monitor whether the company fills the vacant Independent Director position within the SEBI-prescribed timeline to maintain board composition compliance.