CARE Ratings Limited — Others, 10-07-2025: Cessation

CARE Ratings Limited has announced a board meeting on the completion of the second consecutive term of three Independent Directors—Mr. Najib Shah, Ms. Sonal Desai, and Dr. M. Mathisekaran—who have ceased to hold their positions. The company’s Board and management expressed gratitude for their valuable contributions and guidance during their tenure. This change marks a transition in the company’s independent oversight, which is important for governance and strategic direction.