Piramal Finance Limited Announces Resignation of Independent Director

Piramal Finance Limited Announces Resignation of Independent Director

Piramal Finance Limited Announces Resignation of Independent Director​

Piramal Finance Limited announced on March 28, 2026, the resignation of Mr. Gautam Bhailal Doshi as a Non-Executive Independent Director, effective immediately. The resignation is attributed to personal exigencies.

Mr. Doshi’s resignation follows a previous notification issued by the company on March 27, 2026. The company confirmed that there are no other material reasons for the resignation beyond those outlined in Mr. Doshi's resignation letter.

Mr. Doshi currently holds directorships and committee memberships in several listed companies, as detailed below:

Mr. Doshi’s Directorships and Committee Memberships in Listed Companies

CompanyDesignationBoard CommitteeMember/ Chairman
Suzlon Energy LimitedIndependent DirectorAudit CommitteeChairman
Suzlon Energy LimitedIndependent DirectorRisk Management CommitteeMember
Suzlon Energy LimitedIndependent DirectorCorporate Social Responsibility CommitteeMember
Sun Pharmaceutical Industries LimitedIndependent DirectorAudit CommitteeChairman
Sun Pharmaceutical Industries LimitedIndependent DirectorNomination and remuneration committeeMember
Sun Pharmaceutical Industries LimitedIndependent DirectorStakeholders Relationship CommitteeChairman
Sun Pharmaceutical Industries LimitedIndependent DirectorRisk Management CommitteeMember

As a result of his resignation from Piramal Finance Limited, Mr. Doshi will also cease to be a member/chairman of the following committees within the company: Audit Committee, Stakeholders Relationship Committee, Information Technology Strategy Committee, Review Committee, Special committee of board for monitoring and follow-up of cases of frauds committee, and Customer Service Committee.

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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