Ravinder Heights director resigns citing age and health issues
- Ravinder Heights director Raghava Lakshmi Narasimhan resigned effective October 3, 2026
- Resignation cites age and health reasons as primary factors
- Narasimhan ceased membership in Audit and Nomination & Remuneration Committees
- Filing complies with SEBI Regulation 30 and related master circulars
*this image is generated using AI for illustrative purposes only.
Ravinder Heights announced that Raghava Lakshmi Narasimhan resigned as Non-Executive and Independent Director effective October 3, 2026. He cited age and health reasons for his departure.
Narasimhan also ceased to be a member of the Audit Committee and the Nomination & Remuneration Committee. The company filed this intimation with BSE and NSE under SEBI Listing Regulations. The resignation letter was dated October 3, 2026.
Board committee changes
The resignation results in vacancies on two key board committees. Narasimhan served as an independent director and held memberships in both the Audit Committee and the Nomination & Remuneration Committee. The company did not disclose immediate replacements for these roles in the filing.
Regulatory compliance details
The disclosure complies with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company referenced Master Circular No. HO/49/I4/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026. The Board placed on record its appreciation for Narasimhan’s contributions during his tenure.
| Particular | Details |
|---|---|
| Name | Raghava Lakshmi Narasimhan |
| DIN | 00073873 |
| Designation | Non-Executive and Independent Director |
| Effective Date | October 3, 2026 |
| Reason | Age and health reasons |
| Committees Affected | Audit Committee, Nomination & Remuneration Committee |
The company confirmed that Narasimhan stated no other material reasons existed for his resignation. The filing included a copy of the resignation letter addressed to the Board of Directors.
Historical Stock Returns for Ravinder Heights
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.54% | -5.70% | -5.48% | +26.72% | -32.11% | +48.03% |
When will Ravinder Heights announce replacements for the vacant Audit and Nomination & Remuneration Committee seats to ensure continued SEBI compliance?
How might the loss of an independent director impact the company's upcoming governance audits and internal control assessments?
Will the vacancy in the Nomination & Remuneration Committee affect the timeline or structure of executive compensation reviews in the next fiscal quarter?
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