Jyoti CNC Automation Limited has announced a significant change in its board composition. Prasad Parameswaranpillai Naga, who served as a Non-Executive and Independent Director, has stepped down from his position, effective October 26, 2025.

Resignation Details

Mr. Naga, who held the Director Identification Number (DIN) 07430506, cited 'other pre-occupations' as the primary reason for his departure. His resignation will take effect from the close of business hours on October 26, 2025.

Impact on Board Committees

As a result of his departure, Mr. Naga will also relinquish his positions on the following committees:

• Audit Committee
• Nomination and Remuneration Committee
• Stakeholder Relationship Committee

Disclosure and Compliance

In compliance with regulatory requirements, Jyoti CNC Automation Limited has informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) about this development. The company's actions align with the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Additional Information

The company has confirmed that there are no material reasons for Mr. Naga's resignation beyond those stated in his resignation letter.

This board-level change comes at a time when corporate governance and the composition of independent directors are under increased scrutiny. The company's prompt disclosure of this information demonstrates its commitment to transparency and regulatory compliance.

Jyoti CNC Automation Ltd., a prominent player in the CNC machine manufacturing sector, recently witnessed a significant block trade on the National Stock Exchange (NSE). The transaction, valued at Rs. 16.24 crore, has caught the attention of market observers and investors alike.

Block Trade Details

The block trade involved approximately 180,200 shares of Jyoti CNC Automation, which were transacted at a price of Rs. 901.05 per share. This substantial trade underscores the interest in the company's stock and may indicate a shift in ownership or a strategic move by institutional investors.

Market Implications

Block trades of this magnitude often attract attention as they can potentially impact the stock's price and trading volume. While the exact reasons behind this particular trade remain undisclosed, such transactions are typically executed off-market to minimize price fluctuations and are often associated with institutional investors or large stakeholders.

Company Overview

Jyoti CNC Automation Ltd. is known for its expertise in manufacturing Computer Numerical Control (CNC) machines, which are crucial in various industries for precision manufacturing. The company's performance and market position in the machine tool industry make it a subject of interest for investors tracking the manufacturing and industrial sectors.

Conclusion

This block trade may prompt market analysts and investors to closely monitor Jyoti CNC Automation's stock performance and any subsequent disclosures or announcements from the company in the coming days.

Investors and stakeholders are advised to keep an eye on any official communications from Jyoti CNC Automation Ltd. or regulatory filings that might provide more context to this significant market activity.