Xelpmoc Design And Tech Limited — Others, 19-03-2025: Resignation

Mrs. Karishma Bhalla has resigned as an Independent Director of Xelpmoc Design and Tech Limited, effective from the close of business on March 29, 2025, citing pre-occupation and personal commitments. This change will also result in her stepping down from the Audit Committee. Bhalla has confirmed there are no material reasons beyond her stated commitments for her departure.

This development may raise concerns about board stability and governance; however, it also presents an opportunity for the company to appoint new talent in the independent director role, potentially aligning with strategic shifts and enhancing board diversity. Investor sentiment may remain cautious but could shift positively if a capable replacement is found.