Futuristic Solutions Ltd Announces Resignation of Independent Director Abhishek Kaushal
Futuristic Solutions Ltd has announced that Mr. Abhishek Kaushal, an Independent Director, has resigned from his position with immediate effect due to personal reasons.The company confirmed that Mr. Kaushal tendered his resignation letter on July 15, 2026. In his notice, he stated that he had no claims against the company and expressed gratitude for the support received during his tenure serving as an Independent Director of the firm.
Upon his departure, all committees in which Mr. Kaushal served as a member have seen a change. These roles included the Stakeholders' Relationship Committee, the Audit Committee, and the Nomination and Remuneration Committee.
Mr. Kaushal confirmed that there were no other material reasons for his resignation besides those mentioned in his notice.
The Board of Directors of Futuristic Solutions Ltd is scheduled to meet on July 20, 2026, to take note of the resignation tendered by Mr. Kaushal.
Key details regarding this change in board composition are as follows:
| Particulars | Detail |
|---|---|
| Reason for Change | Resignation of Mr. Abhishek Kaushal (DIN: 07350014) as Independent Director, effective July 15, 2026. |
| Date of Cessation | July 15, 2026 |
| Committee Memberships Lost | Stakeholders' Relationship Committee, Audit Committee, and Nomination and Remuneration Committee. |
The resignation comes after Mr. Kaushal served as an Independent Director on the Board of Futuristic Solutions Ltd, where he held positions across multiple critical board committees.
Stock Price Movement
As of 14:00, Futuristic Solutions Ltd is edging higher at ₹43.30, representing a gain of +0.23%. The stock is trading completely flat for the day, as its intraday high and low points are perfectly locked in place.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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