UTI Asset Management Company (AMC) has announced the resignation of Mr. Flemming Madsen as Non-Executive Nominee Director, effective close of business hours on December 31, 2025. Mr. Madsen’s resignation is linked to the end of his association with T. Rowe Price International Ltd on the same date. He is not part of any committee.
Director Resignation
UTI Asset Management Company (AMC) has received the resignation of Mr. Flemming Madsen (DIN: 02904543) from his position as Non-Executive Nominee Director.
Effective Date
The resignation will take effect from the close of business hours on December 31, 2025. This decision is connected to the termination of Mr. Madsen’s association with T. Rowe Price International Ltd, also effective December 31, 2025.
Reason for Resignation
The resignation is due to the end of Mr. Madsen’s association with T. Rowe Price International Ltd.
Additional Details
As of December 17, 2025, Mr. Madsen is not a member of any committee within UTI AMC.
Source: BSE
