JTEKT India Limited has informed that Geeta Mathur, Independent Woman Director of the company has tendered her resignation from the Directorship of the company with effect from theclosing business hours of 9th June 2021.
In her resignation Geeta Mathur said, "It has been a great pleasure and honor for me, to be on the Board of your Company. However, with my current board positions and personal commitments, I am finding it difficult to efficiently manage my responsibilities as a board member of JTEKT India Limited.
I would therefore like to step off the board of JTEKT India Limited. I hereby tender my resignation from the Directorship of your Company effective from the close of business hours on 9th June, 2021.
I hereby convey my felicitation to all the members of the Board for the un-stinted faith and co-operation I have received during my tenure.
I hereby confirm that there is no other material reason except as stated above for my resignation."
At around 2:07 PM, JTEKT India was trading at Rs111.20 apiece up by Rs1 or 0.91% from its previous closing of Rs110.20 apiece on the BSE.