Independent Director Resigns Citing Health Reasons
Board meeting outcome: Smt. Rajendhiran Angali Eswari (DIN: 05345622) has resigned as Independent Director with effect from September 30, 2026.
- Director
- Smt. Rajendhiran Angali Eswari (DIN: 05345622)
- Position
- Independent Director
- Resignation Effective Date
- September 30, 2026
- Reason
- continuing ill health, making it difficult to devote the required time and attention
- Board Meeting Time
- 4.00 p.m. to 5.00 p.m.
What was decided
The Board of Directors considered changes in directors at its meeting held on September 30, 2026.
- Smt. Rajendhiran Angali Eswari (DIN: 05345622) has resigned as Independent Director with effect from September 30, 2026.
- Reason recorded: health issues. Her letter states continuing ill health that has persisted on a continuous basis, making it increasingly difficult to devote the requisite time, attention and responsibilities expected of an Independent Director.
- She confirmed there is no other material reason for her resignation apart from the reason stated in her letter.
- The disclosure table marks brief profile and disclosure of relationships as Not Applicable, as this is a cessation and not an appointment.
Meeting details
The meeting commenced at 4.00 p.m. and concluded by 5.00 p.m. A copy of the resignation letter was enclosed with the intimation to the exchange.
What it means for investors
This is a governance-related change rather than a business or financial event. The departure reduces the number of Independent Directors on the Board, and investors may watch for any subsequent intimation on how the Board composition is maintained. The resignation is stated to be personal and health-related, with the director confirming no other material reason.
Also from Mansi Finance (Chennai)
Revised board meeting outcome: Independent Director resigns citing health issues
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Board Meeting on 30 September 2026 to Consider Resignation of an Independent Director
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