Jullundur Motor Agency (Delhi) Limited — Others, 27-03-2025: Resignation

Mr. Ranjit Puri has resigned as a Non-Executive Non-Independent Director of Jullundur Motor Agency (Delhi) Ltd. due to advanced age and health issues, effective immediately. The company appreciates his contributions during his tenure. This resignation may lead to a structural change within the board, potentially impacting corporate governance and decision-making processes. Investors might perceive this as a neutral impact; however, it raises some concerns about continuity in leadership and strategic vision moving forward.