Independent Director Resigns from Uniinfo Telecom Services Limited Due to Priorities and Location Changes
Uniinfo Telecom Services Limited has announced the resignation of Mr. Prakash Chandra Chhajed from his position as an Independent Director, effective June 20, 2026. The company confirmed that the change stems from personal priorities and his long-term absence from Indore.Mr. Chhajed tendered his resignation with immediate effect. As a result of this cessation, he will no longer serve as the Chairman of the Audit Committee and Nomination and Remuneration Committee. Furthermore, he will cease to be a member of the Stakeholders Relationship Committee and the Corporate Social Responsibility (CSR) Committee of Uniinfo Telecom Services Limited.
According to company records, Mr. Chhajed holds no directorships in any other listed entities. He also confirmed that there are no material reasons for his resignation beyond the circumstances stated in his formal letter.
The details concerning the cessation of services include:
| Detail | Information |
|---|---|
| Director | Mr. Prakash Chandra Chhajed |
| Position Cessed | Independent Director |
| Cessation Date | June 20, 2026 |
| Reason for Change | Some other priorities and remaining out of Indore for a long duration |
| Committee Roles Affected | Audit Committee Chairman, Nomination and Remuneration Committee Chairman, Stakeholders Relationship Committee Member, CSR Committee Member |
UNIINFO Stock Price Movement
Uniinfo Telecom Services Limited shares edged higher on Friday, closing at ₹12.22 after gaining ₹0.26 or 2.21%. The equity settled strong following a trading session in which the stock traded for 13,358 shares.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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