Mrs. Arpita Tejaskumar Shah has resigned as a Non-Executive Independent Director of Shayona Engineering Limited, effective October 26, 2026. Citing personal commitments and other responsibilities, she stated the need to prioritize her time. Her resignation also means she ceases to be the Chairperson of the Audit Committee and a member of other key committees. The company acknowledged her contributions.
Independent Director Resigns
Shayona Engineering Limited has announced the resignation of Mrs. Arpita Tejaskumar Shah from her position as a Non-Executive Independent Director. The resignation is effective from the close of business hours on October 26, 2026. The company received her resignation letter on October 26, 2026.
Reasons for Resignation
Mrs. Shah’s decision stems from her existing personal commitments and other responsibilities, which necessitate her to prioritize her time and availability outside the Company. She indicated that the demands of an Independent Director role, including preparation for meetings and participation in deliberations, could not be consistently met alongside her other obligations. Consequently, she felt it appropriate to step down.
Committee Role Changes
Consequent to her resignation as a Director, Mrs. Shah has also ceased to hold her positions as Chairperson of the Audit Committee. Furthermore, she is no longer a member of the Nomination and Remuneration Committee and the Stakeholders Relationship Committee, or any other Board committee position previously held by her.
Company’s Appreciation
The Company has placed on record its appreciation for Mrs. Shah’s contribution, guidance, and support during her tenure with Shayona Engineering Limited. She confirmed that there are no other material reasons for her resignation beyond those stated.
Source: BSE
