Board Meeting17 Mar 2026, 06:12 pm
Madhucon Projects Ltd: Director Mr. Samba Siva Rao Resigns Due to Health Issues
AI Summary
Madhucon Projects Ltd announced the resignation of Director Mr. Samba Siva Rao (DIN: 09526475) due to health issues. The resignation was approved by the Board of Directors through its Circular Agenda No. 100/2025-26 dated 14 March, 2026. The company made the announcement within 24 hours of receiving the resignation, albeit a day late due to the resignation being under process and the company's office being closed on Sunday. Mr. Samba Siva Rao is not holding any other directorships in other listed entities and confirmed that there is no other material reasons for his resignation other than those provided under Regulation 30 of SEBI (LODR) Regulations, 2015.
Key Highlights
- Madhucon Projects Ltd announced the resignation of Director Mr. Samba Siva Rao due to health issues.
- The resignation was approved by the Board of Directors through its Circular Agenda No. 100/2025-26 dated 14 March, 2026.
- The company made the announcement within 24 hours of receiving the resignation, albeit a day late due to the resignation being under process and the company's office being closed on Sunday.
- Mr. Samba Siva Rao is not holding any other directorships in other listed entities.
- Mr. Samba Siva Rao confirmed that there is no other material reasons for his resignation other than those provided under Regulation 30 of SEBI (LODR) Regulations, 2015.
Price Impact
More from MADHUCON