StockWatch
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Residential- Commercial Projects
Management Change3 Sept 2026, 05:21 pm

Coromandel Engineering Director Resigns Effective Sep 2026

AI Summary

Coromandel Engineering Company Ltd has announced the resignation of Ms. Rajendran Stella Isabella from her position as an Independent Director. The resignation will be effective from the closure of business hours on September 3, 2026. Ms. Isabella cited other professional commitments and pre-occupancy as the reasons for her departure. Consequently, she will also step down from her roles as a member of the Audit Committee, Stakeholders Relationship Committee, and the Nomination and Remuneration Committee, where she served as chairperson. The company has confirmed that there are no other material reasons for her resignation.

Key Highlights

  • Independent Director Ms. Rajendran Stella Isabella resigns.
  • Resignation effective September 3, 2026.
  • Reason cited: professional commitments and pre-occupancy.
  • Director to also resign from key board committees.
  • No other material reasons for resignation confirmed.