Esconet Technologies Limited — Others, 24-03-2025: Resignation

Mr. Gaurav Gupta has resigned from his position as Non-Executive Independent Director of Esconet Technologies Limited, effective at the close of business hours. His resignation is attributed to personal commitments and follows the company’s recent stake acquisition in Fluidech IT Services Private Limited. Notably, Mr. Gupta did not serve as a chairperson or member of any committee within the company and confirmed there are no other material reasons for his departure.

The shift in board composition may cause a moderate response among investors, reflecting changes in governance while presenting opportunities for new director appointments to drive strategic initiatives.