Techno Electric & Engineering Company Limited announced the resignation of Mr. Arun Duggal as an Independent Director, effective December 15, 2025. Mr. Duggal cited increased business activities and personal matters as the reason for his departure. The company has acknowledged his contributions and taken steps to ensure a smooth transition. This announcement was officially made on December 16, 2025.
Independent Director Departure
Techno Electric & Engineering Company Limited has officially announced the resignation of Mr. Arun Duggal from his position as an Independent Director. His resignation from the Board became effective on December 15, 2025.
Reason for Resignation
According to his resignation letter, Mr. Duggal’s decision to step down is due to his increased involvement in other business activities along with personal matters that require his attention.
Impact on Board Committees
Following his resignation from the Board, Mr. Duggal’s chairmanship and membership in various committees of the Board also ceased effective December 15, 2025.
Mr. Duggal’s Other Roles
At the time of his resignation, Mr. Duggal held directorships in the following listed entities:
- JB Chemicals & Pharmaceuticals Ltd. (Independent Director): Member – Audit Committee, Nomination & Remuneration Committee, and CSR Committee
- Dr. Lal Pathlabs Ltd. (Independent Director): Chairperson – Nomination & Remuneration Committee and Stakeholders Relationship Committee; Member – Audit Committee, Risk Management Committee, and CSR Committee
Source: BSE