Ashoka Buildcon has informed that Milap Raj Bhansali (DIN 00181897), a Whole-time Director of the Company, has resigned due to his personal health reasons, effective April 12, 2023. The copy of Resignation letter enclosed. As per the requirement of Regulation 30 read with Schedule III, Para A, Clause (78) of SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015, the Company has received confirmation from Milap Raj Bhansali vide his letter dated April 12, 2023 regarding there being no material reasons, other than those mentioned by him in the resignation letter as a Whole-time Director from the Board of Directors of the Company including the Committees thereof. The details required under the SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed as Annexure - 1. Names of listed entities in which the resigning director holds directorships, indicating the category of directorship and membership of board committees: None.
The above information is a part of company’s filings submitted to BSE.
