Radaan Media accepts resignations of Krishnachandar and Rayane as directors
Radaan Media Works India Limited announced the departure of Independent Director Krishnachandar and Non-Executive Director Radikaa Rayane. Both resigned effective August 18, 2026, due to personal commitments. Rayane also exited the Nomination and Remuneration Committee. The company filed disclosures under SEBI LODR Regulation 30.
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Radaan Media Works India Limited (NSE: RADAAN) accepted the resignations of two board members on August 18, 2026. Independent Director Krishnachandar and Non-Executive Director Radikaa Rayane stepped down effective closing business hours on that date, both citing personal commitments.
The company disclosed the changes pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filings confirm there are no other material reasons for the departures beyond those stated in the resignation letters.
Resignation Details
Krishnachandar tendered his resignation on August 17, 2026. He confirmed he holds no directorships or committee memberships in other listed entities.
Radikaa Rayane also resigned on August 17, 2026. In addition to leaving the board, she stepped down from her membership on the Nomination and Remuneration Committee.
| Director Name | Role | Reason for Resignation | Effective Date |
|---|---|---|---|
| Krishnachandar | Independent Director | Personal commitments | August 18, 2026 |
| Radikaa Rayane | Non-Executive Director | Personal reasons and commitments | August 18, 2026 |
Both directors expressed gratitude to the chairperson, fellow directors, and the executive team for their support during their tenure.
Will Radaan Media Works initiate an immediate search for replacements to maintain the required ratio of independent directors on the board?
How might the departure of Radikaa Rayane from the Nomination and Remuneration Committee impact ongoing executive compensation reviews or succession planning?
Are there any pending strategic decisions or regulatory approvals that could be delayed due to the temporary reduction in board membership?
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