RattanIndia Power Whole-Time Director Resigns Due to Personal Reasons

RattanIndia Power Limited announced that its Whole-Time Director Baliram Ratna Jadhav has resigned from his position effective June 6, 2025, citing personal reasons. The company informed stock exchanges BSE and NSE about the departure on June 7, 2025, in compliance with regulatory disclosure requirements.

Jadhav, who holds Director Identification Number 10295412, served as both Whole-Time Director and Key Managerial Personnel of the company. In his resignation letter addressed to the Board of Directors, he requested immediate relief from his duties and expressed gratitude for his association with the company and board colleagues.

The resignation was communicated to exchanges under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. Company Secretary Lalit Narayan Mathpati signed the disclosure documents submitted to both stock exchanges.

RattanIndia Power Limited, incorporated in 2007, operates in the power sector and is listed on both BSE (scrip code 533122) and NSE (symbol RTNPOWER). The company's registered office is located in Mahipalpur, New Delhi, with operations spanning various aspects of power generation and distribution.

The departure adds to executive changes within the RattanIndia group of companies, which has seen various leadership transitions in recent years. The company has not announced any immediate replacement for Jadhav's position or outlined succession plans in its regulatory filing.

Stock exchanges have been notified to update their records regarding the directorship change. The company's disclosure followed recent SEBI master circulars from November and December 2024 that outline specific requirements for reporting director appointments and resignations.