StockWatch
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Non Banking Financial Company (NBFC)
Management Change21 May 2026, 06:21 pm

Octal Credit Capital: Two Independent Directors Resign

AI Summary

Mr. Shambhu Nath Jajodia and Mr. Bijay Kumar Bagri have resigned from their positions as Independent Directors of Octal Credit Capital Ltd, effective May 21, 2026. Mr. Jajodia cited pursuing other interests, while Mr. Bagri mentioned pre-occupation elsewhere as reasons for their resignations. Both directors confirmed that there are no other material reasons for their departure.

Key Highlights

  • Shambhu Nath Jajodia and Bijay Kumar Bagri resign as Independent Directors.
  • Resignations effective from May 21, 2026.
  • Jajodia cites pursuing other interests as the reason.
  • Bagri mentions pre-occupation elsewhere as the reason.
  • Both directors confirm no other material reasons for resigning.