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Management Change17 Jul 2026, 06:40 pm

Arshiya Ltd: Non-Executive Independent Director Resigns

AI Summary

Arshiya Ltd has filed a revised submission under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming the resignation of Mr. Ved Prakash, Non-Executive Independent Director. The resignation is effective February 18, 2026. Mr. Prakash cited his residence in Dubai and inability to devote sufficient time to the company's affairs as reasons for stepping down. The company acknowledged the resignation, noting that it was formally processed during the Corporate Insolvency Resolution Process (CIRP) period. No material reasons beyond those stated by the director were reported.

Key Highlights

  • Non-Executive Independent Director Mr. Ved Prakash has resigned.
  • Resignation is effective February 18, 2026.
  • Director cited Dubai residency and time constraints.
  • Company confirmed no other material reasons for resignation.