Piramal Enterprises on Thursday said its board has accepted the resignation of Arundhati Bhattacharya as independent director of the company as well
as its committees from April 16, 2020.
In her resignation letter, Bhattacharya has indicated that the reason for her resignation is her decision to accept a full time role as Chairperson and CEO in another company and accordingly, she needs to discontinue her existing non-executive assignments, Piramal Enterprises said in a BSE filing.
Bhattacharya has also confirmed that there is no other reason other than that stated, Piramal Enterprises added.
"I wish to advise that I have decided to accept a full time executive role as Chairperson & CEO for the India operation of Salesforce, a company headquartered in USA. Accordingly the said company has asked me to discontinue my existing non-executive assignments. I sincerely regret that I will have to step down as non-executive Independent Director from the Board as well as from the committees of Piramal Board, from April 16, 2020," Bhattacharya said in her resignation letter.
First Published: Apr 13, 2020 9:29 AM IST
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