Jhandewalas Foods Ltd — Important, 19-05-2026: Company Update

Jhandewalas Foods Limited announced the resignation of Mr. Rajat Kasliwal from his role as an Independent Director. The company reported the resignation was due to personal and professional commitments. However, the director's resignation letter, included in the announcement, specifies that his departure was prompted by a continued lack of response and communication from the company, making it difficult to discharge his responsibilities effectively. This change impacts the company's board composition and governance structure, as an Independent Director plays a crucial oversight role for shareholders.