Deccan Transcon Leasing Director Resigns Effective April 20
Verified article - details checked for accuracy.
Mrs. Samavedam Venkata Naga Lavanya resigned as a non‑executive independent director of Deccan Transcon Leasing Limited, effective 20 April 2026.
- Resignation announced on 21 April 2026; reason given was professional priorities, with no material adverse event disclosed.
- Leaves a vacancy in the independent‑director quota, requiring a prompt SEBI‑compliant appointment.
- No direct effect on revenue, profit, or cash flow; only short‑term governance costs for searching and onboarding a replacement.
- Company filed the disclosure as required and confirmed compliance with board‑composition norms.
- Investors should monitor the upcoming board resolution naming a new independent director and any resulting committee changes.
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