Shardul Securities Ltd — Important, 30-03-2026: Company Update

Shardul Securities Limited announced that Mr. Gyanchand Pipara has resigned as an Independent Director, effective March 30, 2026. He cited his preoccupation with personal matters and increasing professional commitments as reasons for being unable to devote the necessary time. Mr. Pipara confirmed that there are no other material reasons for his resignation. This change impacts the composition of the company's board, an important aspect of corporate governance.