Bartronics India Limited announced that Mr. Thirupathi Reddy Bheemuni an Independent Director of the Company, vide his letter dated December 6, 2023 has tendered Resignation from the position of Independent Director of the Company with immediate effect. It is clarified by the company that there was a misunderstanding about time of Board Meeting held on November 14, 2023. The Company had sent notice of Board meeting to the Stock Exchanges on November 8, 2023 stating that the said meeting is scheduled on November 14, 2023 at 4.00 p.m and the same intimation was sent to the Directors, as required under SEBI (LODR) Regulations 2015.

The meeting was conducted at scheduled time as intimated to the Stock Exchanges and outcome of the meeting was shared with Stock Exchanges within stipulated time. Mr. Thirupathi Reddy Bheemuni came at 11:00 AM thinking the meeting was at 11:30 AM and did not attended the meeting at the scheduled time. The Company has recorded his leave of absence.

However, the incidence made Mr. Thirupathi Reddy Bheemuni tender his resignation.