Kalyan Jewellers India Limited has announced the cessation of Mr. ADM Chavali from his role as Non-Executive Independent Director, effective at the close of business hours on March 27, 2026. This change occurs because Mr. Chavali has completed his second and final consecutive term of appointment, adhering to the stipulated tenure limits for independent directors. The necessary statutory disclosures regarding this change have been duly filed with the stock exchanges.
Director Tenure Completion Confirmed
Kalyan Jewellers India Limited has formally notified the stock exchanges regarding a change in its Board composition. This communication confirms the completion of the tenure for Mr. ADM Chavali (DIN: 00374673), who served as a Non-Executive Independent Director of the Company.
The cessation of his office is effective from the close of business hours on March 27, 2026. The reason for this change is explicitly stated as the completion of his second consecutive term of appointment, as per applicable governance guidelines.
Compliance and Disclosure Details
The Company affirms that this change complies with the mandated disclosure requirements concerning the cessation of an Independent Director upon the completion of two consecutive tenures.
As per the enclosed Annexure-I, the particulars confirm the details:
- Reason for Change: Cessation upon completion of the second and final term of Mr. ADM Chavali as a Non-Executive Independent Director.
- Effective Date: With effect from the close of business hours on March 27, 2026.
All other required information, such as the director’s profile and relationship disclosures, are marked as Not Applicable in the standard filing format, as the event pertains strictly to the completion of the mandated service period.
Source: BSE
