Kaushal Nakrani has resigned from her position as an Independent Director of Astral Limited, effective September 16, 2025. The resignation is due to her preoccupation with other professional commitments. Nakrani also steps down from the Nomination and Remuneration Committee. The company has acknowledged her contributions and confirmed no other material reasons for her departure.
Independent Director Departure
Astral Limited announced the resignation of Mrs. Kaushal Nakrani as an Independent Director, effective September 16, 2025. Nakrani also served as a member of the Nomination and Remuneration Committee.
Reason for Resignation
The resignation is attributed to Mrs. Nakrani’s increased professional commitments. The company has stated that there are no other underlying reasons for her departure beyond those stated in her resignation letter. The Board of Directors have accepted her resignation.
Confirmation
Mrs. Kaushal Nakrani has confirmed that there are no other material reasons for her resignation other than her professional commitments.
Source: BSE