Amba Enterprises announced that Independent Director Atul Mohanlal Thakkar ceased to be a director of the company upon the completion of his second consecutive term on June 17, 2026. The cessation was effective from the end of the day on June 17, 2026, as the five-year term of the director concluded. The company confirmed the development through a disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors and the management acknowledged the contributions made by Mr. Thakkar during his tenure. The filing stated that the director's second term had officially ended, necessitating the cessation of his role as Independent Director.

The disclosure was submitted to BSE Limited and included details as prescribed by SEBI Listing Regulations read with a specific SEBI circular dated July 13, 2023. The company provided the specific reason for the change and the effective date of cessation in the annexure to the filing.

Details of Cessation

Amba Enterprises has closed its trading window for dealing in the company's securities by its promoters, directors, key managerial persons, and designated persons, along with their immediate relatives. The closure is effective from July 01, 2026, and will remain in force until 48 hours after the declaration of financial results for the quarter ended June 30, 2026. This measure has been undertaken in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code for the prevention of insider trading.

The restriction prevents insiders from trading in the company's shares during the period leading up to the announcement of its quarterly financial performance. This ensures that no unpublished price-sensitive information influences trading activities. The specific date for the board meeting, where the financial results for the quarter ending June 30, 2026, will be considered and declared, has not yet been finalized. The company stated that this date will be intimated in due course.

The communication was addressed to the Corporate Relationship Manager at BSE Ltd. to ensure the information is disseminated to the market and relevant stakeholders. The filing was signed by Shriddha Gupta, the Company Secretary and Compliance Officer of Amba Enterprises Limited.