Harshdeep Hortico accepts resignation of independent director
Harshdeep Hortico Limited accepted the resignation of Shankar Keshava Vailaya as Non-Executive Independent Director effective June 16, 2026. Vailaya resigned due to pre-occupation at other places and confirmed there were no other material reasons for his departure.
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Harshdeep Hortico Limited accepted the resignation of Shankar Keshava Vailaya as Non-Executive Independent Director effective June 16, 2026. Vailaya stepped down from the Board due to pre-occupation at other places, confirming there were no other material reasons for his departure.
The resignation was intimated to the BSE SME Platform pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company disclosed that the director has been relieved of his responsibilities with immediate effect from the date of resignation.
Vailaya held the position of Chairperson on the Audit Committee of Harshdeep Hortico Limited. His other directorships included roles at Shrikar Valves Private Limited, Universal Learning Aid Private Limited, and Equirus Wealth Private Limited. He also served as an Independent Director at Cookwell Domestic Appliances Limited and Centrum Broking Limited.
Committee Memberships
Vailaya held key committee positions across various organizations, including chairperson and member roles in audit and risk committees.
| Company | Committee | Designation |
|---|---|---|
| Cookwell Domestic Appliances Limited | Audit Committee | Member |
| Cookwell Domestic Appliances Limited | NRC | Chairperson |
| Centrum Broking Limited | Audit Committee | Chairperson |
| Centrum Finverse Limited | Audit Committee | Member |
| Harshdeep Hortico Limited | Audit Committee | Chairperson |
The company has requested the filing of Form DIR-12 with the Registrar of Companies to record the change.
Historical Stock Returns for Harshdeep Hortico
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.11% | +5.31% | +4.67% | -11.62% | +2.59% | +31.13% |
Who will Harshdeep Hortico appoint as the new Chairperson of the Audit Committee to fill the vacancy left by Vailaya?
Will Vailaya's resignation impact the governance or committee structures at Centrum Broking and Cookwell Domestic Appliances?
Does the resignation signal a potential trend of board turnover due to increasing workload demands on independent directors?
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