Lee & Nee Softwares (Exports) Ltd. has announced the resignation of Mrs. Sumita Mahadevan from her position as Independent Director. The resignation, effective August 13, 2026, was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. The company expressed appreciation for her contributions and confirmed that there are no material reasons for her departure, as per SEBI regulations.
Resignation of Independent Director Approved
Lee & Nee Softwares (Exports) Ltd. has officially accepted the resignation of Mrs. Sumita Mahadevan from her role as an Independent Director. This decision was formally approved by the company’s Board of Directors on August 13, 2026, subsequent to a recommendation from the Nomination and Remuneration Committee.
Effective Date and Director’s Tenure
Mrs. Mahadevan’s resignation is effective from August 13, 2026. The company has stated that her departure is due to personal reasons. The Board of Directors acknowledged and appreciated the valuable contribution and support provided by Mrs. Mahadevan during her tenure as a director.
Confirmation and Disclosure Requirements
The company has received confirmation from Mrs. Sumita Mahadevan (DIN: 11236590) that there are no material reasons for her resignation beyond those stated. The disclosures required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, have been provided and are detailed in the accompanying Annexure 1.
Board Committee Impact
As a consequence of Mrs. Sumita Mahadevan’s resignation, she will automatically cease to be a member of the Board and its associated Independent Director committees.
Source: BSE
