Madhusudan Securities Limited announced that Mr. Abhilash Padmanabh Kamti (DIN: 01587117), has tendered his resignation as the Independent Director of the Company, due to personal reason vide letter dated 08" December, 2022. The Board accepted the resignation of Mr. Abhilash Padmanabh Kamti (DIN: 01587117) with effect from 08 December, 2022. The resignations were noted by the Nomination and Remuneration Committee.