NINtec Systems Limited: Two Independent Directors Resign Effective Feb 12, 2026
NINtec Systems Limited announced that Independent Directors Vishal Ramesh Shah and Hursh Pareshkumar Jani have resigned. Their resignations are effective February 12, 2026, due to personal reasons and professional commitments. Both have confirmed no other material reasons for their departure.
The resignation of two independent directors, while noted, is unlikely to have a significant immediate impact on the company's operations or financial performance, especially since the reasons cited are personal and professional. The company will likely appoint replacements in due course.
The resignation of directors is a routine corporate event and does not inherently indicate positive or negative performance for the company. The reasons provided are personal and professional, which are common and do not suggest any underlying issues.
NINtec Systems Limited has announced the resignation of two of its Independent Directors, Mr. Vishal Ramesh Shah (DIN: 01681950) and Mr. Hursh Pareshkumar Jani (DIN: 01356764). Both directors have tendered their resignation letters dated 10th February, 2026, and their resignations will be effective from the closure of business hours on 12th February, 2026.
Mr. Vishal Ramesh Shah cited personal reasons and certain other preoccupations for his resignation. He will also cease his membership in various committees of the Company. Mr. Hursh Pareshkumar Jani has resigned due to prior professional engagements and personal commitments. He has also tendered his resignation from the Board of Directors of a material subsidiary of the Company.
The Company has received confirmation from both directors that there are no material reasons for their resignations other than those stated. The disclosures required under Regulation 30 and Schedule III of the Listing Regulations have been made, including details of their directorships and committee memberships in other listed entities.
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NINtec Systems Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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