Grand Foundry has announced the resignation of Gagan Chaturvedi (DIN: 09826175) from his position as an Independent Director of the company, effective February 22, 2024. The resignation, communicated via letter dated February 22, 2024, complies with Regulation 30 read with Schedule III – Para A(7B) of Part A of the Listing Regulations and SEBI Circulars.
This development signifies a change in the leadership structure of Grand Foundry, prompting the company to provide the requisite details as per regulatory requirements. The letter of resignation from Gagan Chaturvedi has been enclosed for reference.
The departure of Gagan Chaturvedi marks a transition within Grand Foundry’s board, potentially impacting the company’s governance and decision-making processes. This announcement highlights the importance of transparency and compliance with regulatory obligations in corporate governance.
