NewsStocksVenlon Enterprises Independent Director Mr. Nagendra Hanabe Krishnamurthy Resigns Due to Expired IDDB RegistrationVenlon Enterprises Independent Director Mr. Nagendra Hanabe Krishnamurthy Resigns Due to Expired IDDB Registration
Venlon Enterprises Limited announced the resignation of Independent Director Mr. Nagendra Hanabe Krishnamurthy, effective December 27, 2025. The resignation is due to the expiration of his registration with the Indian Institute of Corporate Affairs Database. Mr. Krishnamurthy, with DIN 10438665, has also stepped down from various company committees. The company confirmed no other material reasons for the resignation and noted that he holds no directorships or committee memberships in other listed entities.
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Venlon Enterprises Limited has announced the resignation of its Independent Director Mr. Nagendra Hanabe Krishnamurthy, effective December 27, 2025. The company informed the Bombay Stock Exchange about this board change through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Resignation Details
Mr. Krishnamurthy, who holds Director Identification Number (DIN) 10438665, submitted his resignation letter on December 27, 2025, which was received by the company on the same date. The resignation became effective immediately.
| Parameter | Details |
|---|---|
| Director Name | Mr. Nagendra Hanabe Krishnamurthy |
| DIN | 10438665 |
| Position | Independent Director |
| Resignation Date | December 27, 2025 |
| Effective Date | December 27, 2025 |
Reason for Resignation
The primary reason cited for the resignation was the expiration of Mr. Krishnamurthy's registration with the Indian Institute of Corporate Affairs Database (IDDB) on December 27, 2025. Along with his directorship, he has also resigned from various committees of Venlon Enterprises Limited.
Regulatory Compliance
As required under SEBI regulations, the company has provided comprehensive disclosure details regarding the directorial change. The filing confirms that Mr. Krishnamurthy does not hold directorships in any other listed entities and has no board committee memberships elsewhere.
| Disclosure Requirement | Status |
|---|---|
| Reason for Change | Resignation |
| Other Listed Entity Directorships | None |
| Board Committee Memberships | None |
| Material Reasons Confirmation | No other material reasons |
Director's Confirmation
Mr. Krishnamurthy has provided confirmation that there are no other material reasons for his resignation beyond those mentioned in his resignation letter. This confirmation is in line with the requirements for independent directors under SEBI regulations.
The resignation letter and detailed reasons have been enclosed as part of the regulatory filing submitted to the stock exchange. Company Secretary Gargeshwari Dhruvarao Rama Rao signed the intimation on behalf of the Board of Directors of Venlon Enterprises Limited.
Historical Stock Returns for Venlon Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.80% | +1.87% | -14.43% | +14.31% | -16.34% | +281.53% |
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