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Prime Fresh Ltd. Announces Resignation of Whole-time Director Mrs. Neha Jinen Ghelani
Team Finance Saathi
18/Jan/2025
What's covered under the Article:
- Prime Fresh Limited informs BSE of the resignation of Mrs. Neha Jinen Ghelani as Whole-time Director.
- Mrs. Ghelani’s resignation is effective from the close of business on January 20, 2025, due to personal commitments and a focus on her teaching career.
- The required disclosure under SEBI’s Listing Regulations is provided by Prime Fresh Limited.
Prime Fresh Limited has announced the resignation of Mrs. Neha Jinen Ghelani from her position as Whole-time Director. The resignation, communicated through email and formal letter, is effective from the close of business on January 20, 2025. Mrs. Ghelani has decided to step down due to the increasing need to focus on her teaching career and to fulfill her personal commitments.
This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely updates about significant changes in the company’s leadership. Prime Fresh Limited has submitted the necessary details to the BSE Limited, as outlined in Annexure-A, which includes the reason for the resignation and the effective date.
Mrs. Ghelani's decision to resign underscores her desire to dedicate more time to her teaching field, a commitment she has prioritized along with her personal obligations. While the company will miss her contributions, her decision aligns with her broader personal and professional goals.
Prime Fresh Limited has adhered to SEBI’s corporate governance standards by ensuring that all necessary disclosures are made in a timely and transparent manner. The company has provided a detailed report as per the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, which guides the company on director resignations and their necessary communication with the stock exchanges.
The resignation details include:
- Name & Designation: Mrs. Neha Jinen Ghelani, Whole-time Director (DIN: 00197285)
- Reason for Resignation: Focus on teaching and personal commitments
- Effective Date: From the close of business on January 20, 2025
- No further disclosures: No other changes or relationships applicable in this case
This decision comes at a time when Prime Fresh Limited continues to innovate and grow in the fresh produce industry. The company remains committed to its vision of providing high-quality fresh produce and maintaining transparency in its business operations.