Power Mech Projects Limited has submitted the formal resignation letter of Mrs. Sajja Lakshmi, previously disclosed as a Non-Executive and Non-Independent Director. The company cited an administrative oversight for the inadvertent omission of the scanned resignation letter from the original filing on August 8, 2026. Mrs. Lakshmi’s resignation was effective from the close of business hours on the same date due to personal preoccupations.
Resignation Letter Submission
Power Mech Projects Limited has submitted the formal resignation letter of Mrs. Sajja Lakshmi, who stepped down from her position as a Non-Executive and Non-Independent Director. This submission is a follow-up to the company’s earlier intimation dated August 8, 2026, which announced the outcome of a Board Meeting where her resignation was noted. The effective date of her resignation was the close of business hours on August 8, 2026.
Administrative Clarification
The company clarified that Mrs. Lakshmi’s resignation was due to personal preoccupations and unavoidable commitments. It was stated that while the material event was duly reported on time, the attachment of the scanned resignation letter was inadvertently omitted from the original filing due to a purely administrative oversight. Power Mech Projects Limited has requested that this submission and the enclosed document be taken on record by the Stock Exchanges.
Formal Resignation Details
In her formal resignation letter addressed to the Board of Directors, Mrs. Sajja Lakshmi expressed that her increasing personal preoccupations and other unavoidable commitments made it impossible for her to devote the requisite time and energy to the Board and the Company. She expressed pride in her tenure, particularly her work as Chairperson of the Corporate Social Responsibility (CSR) Committee. Her resignation was effective from the end of business hours of August 08, 2026. She requested the Board to accept her resignation and arrange for necessary filings, such as Form DIR-12, with the Registrar of Companies and the relevant Stock Exchanges.
Source: BSE
