StockWatch
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Diversified Commercial Services
Management Change2 Jun 2026, 03:27 pm

Independent Director Resigns from Updater Services Subsidiary

AI Summary

Mr. Subinder Jeet Singh Khurana has resigned as an Independent Director from Denave India Private Limited, a material subsidiary of Updater Services Limited. The resignation is effective from the close of business hours on July 31, 2026, citing pre-occupation and personal commitments. Mr. Khurana will also step down from his positions on the Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee. He confirmed there are no other material reasons for his resignation.

Key Highlights

  • Independent Director resigns from material subsidiary Denave India.
  • Resignation effective July 31, 2026, due to personal commitments.
  • Director also vacates committee positions.
  • No other material reasons cited for departure.