On 27th March 2025, Yash Optics & Lens Limited (formerly known as Yash Optics & Lens Private Limited) notified the National Stock Exchange (NSE) of India regarding the resignation of Mr. Kalpesh Narendra Vora, an Independent Director of the company. The resignation will be effective from the close of business hours on 28th March 2025.

Mr. Vora, who held the position of Independent Director at the company, cited personal reasons for his decision to resign. In his resignation letter, Mr. Vora mentioned that his preoccupation with other professional commitments made it difficult for him to devote sufficient time to the board’s activities. He expressed gratitude to the Board of Directors for their support during his tenure.

The company has confirmed that there are no other material reasons for his resignation other than the ones outlined in his resignation letter. Furthermore, Mr. Vora clarified that he is not debarred from holding the office of Director by any SEBI order or any other authority's directive.

This resignation, although not accompanied by any specific related party transactions or issues, highlights the dynamic nature of corporate governance. Yash Optics & Lens Limited is committed to maintaining transparency and compliance with the regulations set forth by the Securities and Exchange Board of India (SEBI).

The resignation is being documented under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as part of the company's routine disclosures to the stock exchange. The company has also provided a brief profile of the director, confirming no further directorships in listed entities or committee memberships.

As part of the process, Yash Optics & Lens Limited will continue to ensure that the Board maintains the necessary structure and governance practices, particularly in light of any such changes. The company will take appropriate steps to ensure compliance with corporate governance norms and fill the vacancy at the earliest to ensure continuity in its operations and decision-making processes.

The company will continue to update stakeholders on further developments, especially concerning the Board's composition and any additional regulatory filings. This step is part of the company’s commitment to maintaining its obligations under the SEBI regulations and further strengthening its corporate governance framework.

This disclosure serves as a formal notification to the exchange and to all relevant stakeholders. Yash Optics & Lens Limited thanks Mr. Kalpesh Narendra Vora for his contribution and service to the company during his tenure.

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