Arshiya Ltd Confirms Resignation of Non-Executive Independent Director
Arshiya Ltd, currently operating under the Corporate Insolvency Resolution Process (CIRP), has confirmed the resignation of Mr. Ved Prakash from his role as a Non-Executive Independent Director. The company noted and accepted the resignation, effective February 18, 2026.Mr. Ved Prakash tendered his resignation citing specific personal circumstances related to his professional obligations outside India. He indicated that he is residing in Dubai and consequently finds himself unable to devote sufficient time and attention to the affairs of the Company on a regular basis, leading him to decide to step down from the directorship.
The company confirmed there are no other material reasons regarding this change apart from those provided in the resignation letter. Mr. Prakash holds no other directorships in listed entities.
Key details regarding the cessation of his role are presented below:
| Aspect | Details |
|---|---|
| Director Name and DIN | Mr. Ved Prakash (DIN: 02988628) |
| Date of Cessation | February 18, 2026 |
| Reason for Resignation | Residence in Dubai making it impossible to devote sufficient time and attention to the Company's affairs. |
| Other Directorships | Nil |
ARSHIYA Stock Price Movement
Arshiya Limited shares settled post-market today, rallying by 1.89% to close at ₹1.06. The stock traded a total of 165,909 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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