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

Clara Industries has told BSE that Mr. ManMohan Singh (DIN: 07790507) has completed his term of 5 years as an Independent Director.

Sat 3 Oct 2026

Director and DIN

Mr. ManMohan Singh (DIN: 07790507)

Term Completed

5 years as an Independent Director

Date of Cessation

September 29th 2026

Disclosure Regulation

Regulation 30 of the SEBI LODR Regulations

What the company informed the exchange

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

The update says the retirement is due to completion of the five-year term. The letter records completion of the term on 29th September 2026 and states that he will cease to be an Independent Director with effect from the close of business hours of 29th December 2024; the annexure lists the date of cessation as September 29th 2026.

Key points from the disclosure

• Director: Mr. ManMohan Singh, DIN 07790507.
• Reason for change: retirement due to completion of a term of five years.
• Term completed: 5 years as an Independent Director.
• Date of cessation as given in the annexure: September 29th 2026.
• The company has placed on record its appreciation for his contribution and guidance during his association as an Independent Director.
• The annexure states that the brief profile, relationship disclosure and the declaration under BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018 are Not Applicable, these being applicable in the case of an appointment of a director.

What it means for investors

An Independent Director retiring on completion of tenure is a board-level change. The seat is vacated at the end of the term stated in the update. The company has not indicated anything about a replacement in this intimation.

Since the letter and the annexure give different text for the effective date of cessation, investors reading the document will see both dates as printed.

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.