Dugar Housing Developments Ltd — Important, 17-11-2025: Company Update

The company announced the resignation of four directors: Mr. Lakshmaiah Devarajulu, Mr. Suresh Rajasekhar, Ms. Tikamchand Rakhi, and Mr. Zakir Hussain Munavar. All resignations are effective from the close of business hours on November 14, 2025, citing personal reasons and pre-occupation. The three independent directors confirmed there are no other material reasons for their departure. This leadership change could impact board composition and strategic oversight.