RKEC Projects accepts Independent Director resignation effective June 23
RKEC Projects Limited accepted the resignation of Dr. Lucas Peter Thalakala as Independent Director effective June 23, 2026, due to health issues. He also stepped down as Chairman of the Audit Committee and Share Holders Relationship Committee. The company disclosed the change to the National Stock Exchange of India Ltd under SEBI regulations.
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RKEC Projects Limited accepted the resignation of Dr. Lucas Peter Thalakala as Independent Director effective from the close of business hours on June 23, 2026. The resignation was submitted on account of health issues, as confirmed in the letter addressed to the company's Board of Directors. Consequently, Dr. Thalakala has ceased to be the Chairman of the Audit Committee and Share Holders Relationship Committee.
The company informed the National Stock Exchange of India Ltd regarding this change in the composition of its Board. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation also references Regulation 30 read with Schedule III - Para A(7B) of Part A of the Listing Regulations and a SEBI Circular bearing Ref. No. CIR/CFD/CMD/4/2015 dated September 9, 2015.
Dr. Thalakala confirmed that there were no other material reasons for his resignation apart from the cited health issues. He had served as an Independent Director for over nine years. The resignation was formally communicated by Vijay Kumar Jonnada, Company Secretary & Compliance Officer of rkec projects .
Details of Resignation
| Particulars | Details |
|---|---|
| Director Name | Dr. Lucas Peter Thalakala |
| DIN | 07664071 |
| Designation | Independent Director |
| Resignation Date | June 23, 2026 |
| Reason | Health Issues |
Historical Stock Returns for RKEC Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -7.40% | +12.93% | -13.15% | -51.87% | -65.49% | -70.50% |
Who will RKEC Projects appoint to fill the vacancy left by Dr. Thalakala, and how will this impact the Board's governance structure?
What steps will the company take to ensure continuity in the leadership of the Audit Committee and Share Holders Relationship Committee?
How might the resignation of a long-serving Independent Director affect investor confidence in RKEC Projects?
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