Mazagon Dock Shipbuilders Ltd. announced the resignation of Mr. Chandu Sambasiva Rao (DIN-02296283) from the position of Independent Director, effective January 23, 2026. The resignation is due to personal and unavoidable circumstances. The company has confirmed that there are no material reasons for his resignation other than those stated.
Independent Director Departure
Mr. Chandu Sambasiva Rao has resigned from his position as an Independent Director of Mazagon Dock Shipbuilders Limited, effective January 23, 2026. The company formally announced this change in leadership, citing personal reasons for the departure. Mr. Rao’s DIN is 02296283.
Reason for Resignation
The company clarified that Mr. Rao’s resignation was prompted by personal and unavoidable circumstances. No other material reasons are associated with his decision to leave the board. This announcement ensures transparency regarding the board’s composition and leadership changes.
Source: BSE
