Management Change16 May 2026, 01:31 pm
Dharani Finance: Director Kandasamy Vacates Office
AI Summary
Dharani Finance Ltd. announced the vacation of office by Mr. Kolandagounder Kandasamy as Director, effective May 16, 2026, under Section 167 (1)(b) of the Companies Act, 2013. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The reason for the vacation is due to the director's absence from Board meetings for a period of 12 months.
Key Highlights
- Mr. Kolandagounder Kandasamy vacates office as Director effective May 16, 2026.
- Vacation is under Section 167 (1)(b) of the Companies Act, 2013.
- Reason: Absence from Board meetings for 12 months.
- Disclosure under Regulation 30 of SEBI Listing Regulations.
Price Impact
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