Board notes director's resignation, approves Additional Director (Non-Executive) appointment
Board noted the resignation of Mr. Puspjeet Kumar from the post of Director, w.e.f. 07 October 2026.
- Director Resignation
- Mr. Puspjeet Kumar resigned as Director w.e.f. 07 October 2026
- Director Appointment
- Mr. Jitendra Kumar Modi appointed Additional Director (Non-Executive) w.e.f. 07 October 2026
- Disclosed Relationship
- Mr. Modi is the husband of a Wholetime Director of the company
Board change announced as a meeting outcome
The board of the company, at its meeting held on 07 October 2026, noted the resignation of Mr. Puspjeet Kumar (DIN: 00548463) from the post of Director with effect from 07 October 2026, and approved the appointment of Mr. Jitendra Kumar Modi (DIN: 05179546) as Additional Director (Non-Executive) with effect from 07 October 2026.
The resignation
- The reason recorded in the update, as given by the director, is personal and unavoidable circumstances.
- Mr. Kumar has confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter.
- The update states that he holds no directorships in any listed entity.
- His resignation letter forms part of the disclosure.
The new appointee
- Mr. Jitendra Kumar Modi has been appointed as Additional Director (Non-Executive).
- His profile as given in the update: he has been working in the field of Finance, Accounts and Taxation, and also manages the affairs related to accounting and taxation.
- Relationship disclosed in the update: he is the husband of a Wholetime Director of the company.
What investors may note
- This is a change in board composition, disclosed under Regulation 30 as an outcome of the board meeting held on 07 October 2026.
- The director who resigned has attributed his decision to personal and unavoidable circumstances and confirmed there are no other material reasons.
- The person appointed the same day is a non-executive director, and the company has disclosed his relationship with an existing Wholetime Director.
How the news can be read
A director stepping down can draw attention, and here the stated reason is the director's own explanation of personal and unavoidable circumstances, with an accompanying confirmation of no other material reasons. Alongside it, the board approved a same-day appointment of a non-executive director whose disclosed profile is in Finance, Accounts and Taxation, and whose relationship with a Wholetime Director is disclosed in the update.
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.