StockWatch
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Other Consumer Services
Management Change30 May 2026, 09:35 pm

Safecure Services: Subhag Rai Mehta Resigns as Independent Director

AI Summary

Safecure Services Ltd. announced the resignation of Mr. Subhag Rai Mehta (DIN: 06403434) as Independent Director, effective May 30, 2026, due to personal reasons and professional commitments. Consequently, he also ceases to be a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders’ Relationship Committee. The Board approved the audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026, along with the audit report. The board meeting commenced at 15:10 (IST) and concluded at 16:40 (IST).

Key Highlights

  • Subhag Rai Mehta resigns as Independent Director effective May 30, 2026.
  • Resignation due to personal reasons and other professional commitments.
  • Board approves audited financial results for FY26.
  • Mehta ceases to be member of key committees.
  • Resignation letter confirms no other material reasons for departure.