Independent Director Vivek Dhariwal tenders resignation, ceases as Chairman and NRC, CSR Committee member
Mr. Vivek Dhariwal (DIN: 02826679) has tendered his resignation as Independent Director of Windlas Biotech with effect from close of business hours on October 12, 2026, citing personal reasons and prior commitments.
By ScoutQuest · · 2 min read
- Resignation Effective Date
- close of business hours on October 12, 2026
- Stated Reason
- personal reasons and prior commitments
- Directorships in Listed Companies
- NIL
What the company intimated
The company informed the exchanges of a change in the composition of its Board. Mr. Vivek Dhariwal (DIN: 02826679) has tendered his resignation as an Independent Director of the company. The company said this intimation is a continuation of its earlier disclosure dated October 12, 2026.
Who is stepping down and when
- Mr. Vivek Dhariwal, Independent Director, has tendered his resignation.
- The resignation takes effect from close of business hours on October 12, 2026.
- He also ceases to be the Chairman of the Board.
- He also ceases to be a member of the Nomination and Remuneration Committee and the Corporate Social Responsibility Committee.
The reason stated
- The update cites personal reasons and prior commitments.
- In his resignation letter, Mr. Dhariwal states that this is the only reason and that there are no other material reasons for his resignation.
- The letter records his thanks to the Board and other committee members for their support during his tenure as Independent Director and Chairman, and his best wishes for the company's future.
Other details shared
- Directorships held by him in listed companies: NIL.
- Committee memberships: NIL.
How a retail investor can read this
An Independent Director is meant to bring outside oversight to the board, and this director was also the Chairman and sat on two key committees — the Nomination and Remuneration Committee, which deals with director and senior management pay and appointments, and the Corporate Social Responsibility Committee.
The stated reason is personal, and the update records his confirmation that there are no other material reasons. The change takes effect from close of business hours on October 12, 2026. Board composition changes are a routine part of corporate life, and the key thing to follow is how the board and its committees are reconstituted going forward.
Also from Windlas Biotech
Two independent directors appointed, Chairman Vivek Dhariwal resigns
12 Oct 2026
Two Additional Directors/Independent Directors appointed; Independent Director and Chairman resigns
12 Oct 2026
More numbers
- Directorships held by the resigning director in listed companiesNIL
- Committee memberships held by the resigning directorNIL
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