Hercules Investments Ltd. Announces Retirement of Independent Director
Hercules Investments Ltd. announced the retirement of Independent Director Vandan Shah, effective February 5, 2026. Shah’s departure follows the completion of his second and final term on the board. He also stepped down as Chairman of the Audit Committee, Nomination & Remuneration Committee, and a member of the Stakeholders Relationship Committee.The company acknowledged Shah's valuable contributions as a board member and committee chairman.
| Particulars | Details |
|---|---|
| Reason for Cessation | Retirement upon completion of the second term as Independent Director, as per Section 149(11) of the Companies Act, 2013. |
| Date of Cessation | February 5, 2026 |
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