Manali Petrochemicals Limited — Others, 11-08-2025: Resignation

Manali Petrochemicals Limited has announced the resignation of Mr. Niranjhan Madras Srinivasan as an Independent Director. His departure is effective immediately and is attributed to increasing professional and personal commitments, with no other material reasons stated. This change impacts the independent composition of the Board of Directors, an essential element for robust corporate governance. For shareholders, maintaining strong independent oversight is crucial for strategic decision-making and ensuring accountability, making this a relevant development in the company's governance structure.