Mr. S. Sandilya resigns as Non-Executive Chairman of Mastek Ltd

Mr. S. Sandilya (DIN: 00037542) Non - Executive Chairman & Independent Director of the Company has vide his resignation letter dated March 3, 2023, resigned from the Board of Directors and Board Committees of the Company with immediate effect. As a consequence, he has also resigned from Membership on the Boards of Subsidiary Companies where he was nominated.

The Board, in its meeting held on March 05, 2023, considered the said resignation letter and accepted the same effective March 3, 2023. Board applauded the selfless and valuable contribution made to the Company by Mr. S. Sandilya as Non-Executive Chairman & Independent Director. His commitment to Mastek's business and upholding the corporate governance principles were the highlight during his more than 11-year-long association with the Company.

Shares of Mastek Limited was last trading in BSE at Rs. 1688.60 as compared to the previous close of Rs. 1668.65. The total number of shares traded during the day was 2379 in over 456 trades.

The stock hit an intraday high of Rs. 1702.70 and intraday low of 1669.80. The net turnover during the day was Rs. 4002777.00.

Source : Equity Bulls

Keywords

Mastek INE759A01021 Resignation NonExecutiveChairman