
Power Mech Projects Director Resigns Due to Personal Commitments
Power Mech Projects Ltd has formally accepted the resignation of Mrs. Sajja Lakshmi from her position as Non-Executive and Non-Independent Director, effective August 8, 2026. The resignation is attributed to personal pre-occupations and unavoidable commitments. The company clarified that while the material event was reported on time, the scanned resignation letter was inadvertently omitted from the original filing due to an administrative oversight. Mrs. Lakshmi expressed pride in her tenure, particularly as Chairperson of the CSR Committee, and conveyed her continued foundational connection to the company as a promoter. She requested the board to accept her resignation and arrange for necessary statutory filings.
Key Highlights
- Non-Executive Director Mrs. Sajja Lakshmi resigns from the board.
- Resignation is effective August 8, 2026, due to personal commitments.
- Company clarifies administrative oversight in original filing.
- Director expressed pride in CSR initiatives and company's future.
Price Impact
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