Sainik Finance & Industries Limited has announced the resignation of its Non-Executive Director, Sh. Kuldeep Singh Solanki. His resignation is effective from the close of business on August 12, 2026, citing preoccupations as the reason. Mr. Solanki will also cease to be a member of the Stakeholders Relationship Committee and the Corporate Social Responsibility Committee. The company has provided the necessary details as per SEBI regulations.
Director Resignation Announced
Sainik Finance & Industries Limited has formally informed the stock exchange about the resignation of one of its directors. Sh. Kuldeep Singh Solanki, who served as a Non-Executive Director, has tendered his resignation from the Board of Directors. This decision will be effective from the close of business hours on August 12, 2026.
Reason for Resignation
According to the official communication, Mr. Solanki’s resignation is due to his other preoccupations. He has confirmed that there are no other material reasons beyond what has been stated in his resignation letter. His last day of service as a director will be August 12, 2026.
Committee Appointments Cease
Consequent to his resignation from the Board, Sh. Kuldeep Singh Solanki will also cease to be a member of two key committees: the Stakeholders Relationship Committee and the Corporate Social Responsibility Committee. The company has submitted the required details and the resignation letter as per Regulation 30 of the Listing Regulations.
Source: BSE
