Titan Company Limited: Independent Director Ashwani Puri Completes Tenure on May 6, 2026
Mr. Ashwani Puri has completed his second five-year term as an Independent Director for Titan Company Limited. He ceased to be a Director effective May 6, 2026, following the completion of his tenure.
The departure of an independent director upon completion of their term is a procedural event and is not expected to have a significant impact on the company's operations or financial performance.
The announcement is a routine disclosure regarding the completion of tenure of an independent director, which is a standard corporate governance procedure and does not inherently carry a positive or negative financial implication for the company.
Titan Company Limited has announced the completion of tenure for its Independent Director, Mr. Ashwani Puri (DIN: 00160662). Mr. Puri has concluded his second term of five consecutive years as an Independent Director and has consequently ceased to be a Director of the Company, effective May 6, 2026.
The cessation is in accordance with Regulation 30 read with Schedule III of the SEBI Listing Regulations. The company has provided the necessary details as required under SEBI regulations in Annexure A to this letter. Information regarding the reason for change, cessation date, and term of appointment has been disclosed. A copy of this intimation is also available on the company's website, www.titancompany.in.
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Titan Company 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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