Priya Limited independent director resigns due to health

0 min read Updated on 25 May 2026, 07:59 PM

Reviewed by

Anirudha BScanX News Team

AI Summary

Independent Director Hema Thakur resigned from Priya Limited effective May 25, 2026, due to declining health and old age. The company confirmed there are no other material reasons for the resignation. The resignation was accepted by the Board on the same date.

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Independent Director Hema Thakur resigned from Priya Limited effective May 25, 2026, citing declining health and old age. The resignation, submitted under Regulation 30(6) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, was accepted by the Board on the same date. This change impacts the company's board composition and committee structure.

The company confirmed that there are no other material reasons for the resignation beyond those stated in the resignation letter dated May 25, 2026. The disclosure was made in compliance with Para A of Part A Schedule III of the Listing Regulations and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015.

Detail	Information
Name	Hema Kiran Thakur
Reason for Change	Resigning from the position of “Independent Director” due to declining health condition, on the account of old age
Date of Cessation	May 25, 2026

Thakur requested that the company file the requisite return with the Registrar of Companies in Mumbai, Maharashtra. She expressed gratitude to her colleagues on the Board for their support during her tenure. The resignation is effective from the close of business hours on May 25, 2026.

Historical Stock Returns for Priya

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+3.96%	+1.92%	-1.89%	+31.40%	+315.84%

Who will Priya Limited appoint to fill the vacancy left by Hema Thakur, and how will this impact board diversity?

How will the resignation affect the composition and effectiveness of the board's key committees?

Will the company need to reconstitute any committees to ensure compliance with SEBI regulations on independent director representation?

Agenda for the Meeting

The primary agenda item for the upcoming board meeting is the approval of the audited financial results for the fourth quarter of FY26 and the full fiscal year. Additionally, the board will discuss any other matters with the permission of the Chairman.

Trading Window Closure

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of Priya Limited is currently closed. The closure period began on Wednesday, April 1, 2026. The window will remain closed until 48 hours after the financial results are made public, which is expected to occur on Monday, June 1, 2026. This restriction has been communicated to all directors and specified persons defined in the company's Code of Conduct.

Meeting Details

Detail	Information
Meeting Date	May 28, 2026
Purpose	Consideration of Audited Financial Results for Q4 and FY26
Financial Period	Quarter and Year ended March 31, 2026
Trading Window Opens	48 hours after results declaration (June 1, 2026)

Historical Stock Returns for Priya

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+3.96%	+1.92%	-1.89%	+31.40%	+315.84%

How might Priya Limited's FY26 annual results compare to industry peers, and what revenue or profitability trends could signal its competitive positioning going forward?

Will the board consider announcing a dividend or share buyback alongside the FY26 results, and what does the company's cash flow situation suggest about such possibilities?

Are there any strategic initiatives, acquisitions, or capital expenditure plans that Priya Limited's management might outline during or after the May 28 board meeting?