Shanti Overseas (India) Limited — Others, 10-02-2025: Change in Director(s)

Shanti Overseas (India) Ltd has announced a board meeting to discuss the resignations of Mr. Rahul Jain and Mrs. Pooja Chordia from their roles as Non-Executive Independent Directors, effective immediately due to personal commitments. Both directors confirmed that their resignations do not stem from any material reasons. The departure of these independent directors may lead to adjustments in governance and strategic direction, potentially impacting shareholder confidence. Investors should monitor this transition, as it may present both risks and opportunities depending on the company’s approach to filling these vacancies and maintaining strong oversight.