Patel Engineering Ltd. has officially announced the completion of the tenure for Ms. Sunanda Rajendran, who served as an Independent Director. Her cessation from the Board was effective at the close of business hours on March 23, 2026. The company has provided the required regulatory disclosures detailing the reasons for the cessation, confirming it was due to the scheduled completion of her term.
Board Composition Update: Independent Director Cessation
Patel Engineering Ltd. has formally informed stock exchanges regarding a change in its Board of Directors. The company announced the completion of tenure for Ms. Sunanda Rajendran, who was serving as an Independent Director. This change was effective at the close of business on March 23, 2026.
Regulatory Disclosure Details
The cessation was executed in compliance with applicable corporate regulations governing listed entities. The key details submitted to the exchanges confirm the following:
- Name of Director: Ms. Sunanda Rajendran
- Reason for Change: Cessation due to the Completion of tenure as an Independent Director.
- Date of Cessation: March 23, 2026
The company confirmed that the detailed disclosure forms, as mandated by circulars issued on January 30, 2026, have been enclosed with the official communication for record-keeping purposes.
Management Confirmation
The intimation was authorized and signed by Ms. Kavita Shirvaikar, the Managing Director of Patel Engineering Limited, ensuring immediate regulatory compliance.
Source: BSE
