Independent Director ManMohan Singh retires on completion of five-year term

Clara Industries Ltd has informed the exchanges that Mr. ManMohan Singh (DIN: 07790507) has completed his term of 5 years as an Independent Director.

Thu 8 Oct 2026

DIN

07790507

Term Completed

5 years

Date of Cessation

29th September 2026

What the company informed the exchanges

Clara Industries Ltd has intimated that Mr. ManMohan Singh (DIN: 07790507) has completed his term of 5 years as an Independent Director, and that he will cease to be an Independent Director of the Company with effect from the close of business hours of 29th September 2026.

The stated reason for the change is retirement due to completion of the term of five years.

Why an Independent Director's tenure ending matters

• Independent Directors are expected to bring an outside, objective view to board decisions and to serve on key committees.
• When such a director's term ends, the composition of the board changes. Here the disclosed reason is the completion of the tenure, not a resignation.
• The notice states that the Company wishes to place on record its appreciation for the valuable contribution and guidance provided by him during his association as an Independent Director.

The details as disclosed

• Person: Mr. ManMohan Singh (DIN: 07790507)
• Reason for change: retirement due to completion of term of five years
• Term completed: 5 years
• Date of cessation: September 29th 2026

How a reader can look at this

A retirement on completion of a fixed tenure is a scheduled event rather than a sudden exit, and the disclosed reason here is the end of the term. The practical questions investors usually track after such an intimation are who is appointed in place and whether committee memberships are re-organised, which would come through in later disclosures.

What to keep in mind

• This is an intimation of a change in the board, communicated under the listing regulations for changes in directors.
• No financial figures, share counts or monetary amounts are part of this intimation; it concerns a director's cessation.

The disclosure is informational in nature and relates to the composition of the board.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.