Pursuant to Regulation 30(2) read with Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ace Edutrend has informed that Rajagopal Panigrahi, Non-Executive Independent Director of the Company has resigned from the position with effect from 8th August, 2022. Further, as per the requirement of Regulation 30 read with Schedule Ill, Para A, Clause (7B) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed are the detailed reasons for the resignation of Rajagopal Panigrahi and a confirmation from him regarding there being no material reasons other than those mentioned by him for his resignation as the Independent Directors from the Board of Directors of the Company.
The above information is a part of company’s filings submitted to BSE.
