Morarjee Textiles Limited announced that inform that Ms. Alpana Chinai, vide her e-mail dated 2nd April, 2024 has intimated about her resignation as Non-Executive Independent Director of the Company with immediate effect to one of the Director of the Company. Since the Company is under Insolvency and Resolution Proceedings so acceptance of resignation is required to be considered in COC meeting and the agenda for "Consideration of resignation received from Mrs. Alpana Piramal Chinai, a Director on the suspended Board of the Corporate Debtor" was paced for approval in 2nd CoC meeting held on 2nd April, 2024, since adjourned to 15th April 2024. The same was approved by CoC
through e-voting which was concluded on 29th April 2024 at 05:00 pm.