IBIndrayani Biotech526445Routine director change

Independent Director K.S. Vaidyanathan resigns; relieved from close of business hours on 13 October, 2026

Board change at Indrayani Biotech.

By ScoutQuest · Tue 13 Oct 2026, 5:28 PM IST · 1 min read

Resignation Submitted

12 October, 2026

Board Acceptance / Relieved Date

13 October, 2026

Reason

personal reasons and his reaching 65 years of age

What the company informed the exchanges

Mr. K.S. Vaidyanathan, an Independent Director of Indrayani Biotech, submitted his resignation letter on 12 October, 2026. The Board considered the letter and accepted the resignation on 13 October, 2026. He is relieved from the position of Independent Director with effect from the close of business hours on 13 October, 2026.

Why he resigned

• The resignation letter states that he is reaching 65 years of age and has therefore decided to wind down his activities.
• The details furnished with the update describe the reason for the change as resignation from the post of Independent Director due to personal reasons, with effect from 13 October, 2026.
• He has confirmed that there are no other material reasons for his resignation other than those mentioned in the resignation letter.
• In his letter he also says he shall always be available for any consultation, advice or appearance before any Court.

Other particulars given with the update

• Directorships in other listed entities: Nil.
• Membership of Board Committees in other listed entities: Nil.

How this reads for a shareholder

• This is a change in the board of directors: an independent director has stepped down and the board has accepted it the same day the acceptance was recorded.
• The stated reason is personal and age-related, and the disclosure records the director's confirmation that there are no other material reasons behind the exit.
• An independent director vacancy is filled by a fresh appointment, so board composition and committee membership can change when a new independent director is appointed.

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