Mazagon Dock Shipbuilders Ltd. announced the resignation of Independent Director, Shri Chandu Sambasiva Rao, effective January 23, 2026. The company has confirmed that there are no material reasons for his resignation other than those stated in his resignation letter. This disclosure complies with regulatory requirements regarding the resignation of independent directors.
Independent Director Departure
Mazagon Dock Shipbuilders Ltd. has announced the resignation of Shri Chandu Sambasiva Rao from his position as an Independent Director. The resignation is effective as of January 23, 2026, as per the company’s official statement issued on January 29, 2026.
Details of the Resignation
According to the company’s filing, Shri Chandu Sambasiva Rao confirmed that his resignation was due to personal reasons and that there were no other material reasons beyond what he stated in his resignation letter. At the time of his resignation, he did not hold directorships in any other listed entities.
Source: BSE
