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Trading & Distributors
Management Change16 May 2026, 05:00 pm

Yarn Syndicate: Rahul Modi Resigns as Independent Director

AI Summary

Rahul Hareshbhai Modi (DIN: 09483841) has resigned from his position as an Independent Director of Yarn Syndicate Ltd, effective from the closure of business hours on May 16, 2026. The resignation is attributed to pre-occupation and other professional commitments. Consequently, he has stepped down from all committees of the company where he served as Chairman/Member. The company confirms there are no other material reasons for his resignation beyond those stated in his resignation letter.

Key Highlights

  • Rahul Hareshbhai Modi resigned as Independent Director of Yarn Syndicate Ltd.
  • Resignation is effective from May 16, 2026, due to professional commitments.
  • Modi has stepped down from all company committees.
  • No other material reasons for resignation besides those mentioned in the letter.