OFSSOracle Financial Services Software Limited
Oracle Financial Services Software’s non-executive director Nian Nian Yuan resigns from 15 Oct
- Management change
- Computers - Software
Oracle Financial Services Software Limited has told the exchanges that Mr. Nian Nian Yuan, a non-executive, non-independent director, has tendered his resignation, effective from the close of business hours on 15 Oct 2026. The company made the disclosure on 14 Oct 2026 under Regulation 30 of the SEBI listing rules.
The filing attaches the details required under the listing rules and a copy of Mr. Yuan’s resignation letter, dated 14 Oct 2026, which is addressed to the board of directors. It lists the cessation date as 15 Oct 2026 and marks the profile and director relationship fields as not applicable, since no one is being appointed.
Inference
A non-independent, non-executive director is a board member who is not part of day-to-day management and is connected to the company or its promoters in some way. His departure reduces the size of the board by one unless a replacement is appointed.
The filing does not announce a successor. The reasons for the resignation are in the letter attached to the filing.
Reference: Original filing (PDF)
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