Piramal Enterprises on Thursday said its board has accepted the resignation of Arundhati Bhattacharya as independent director of the company as well

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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