“This is to inform the board that due to my increased work commitments; I hereby tender my resignation as an independent director of the company with effect from close of business hours on October 11, 2024,” Soni wrote in her resignation email.
“Consequently, I will also be stepping down as a member of the risk management committee and corporate social responsibility committee of the company. I have had a great partnership with the Zomato team and the other Board members over the past three years. The need to step down stems from increased professional commitments and was a tough decision. I am grateful for the opportunity to have served on the board and am confident in Zomato’s management team and the company’s future direction,” she added.
In the exchange filing, Zomato’s founder and chief executive Deepinder Goyal said, “It was great to partner with Gunjan and a big thanks to her for helping us navigate through the ups and down of the past few years. On behalf of Zomato, I want to thank Gunjan for her valuable insights and guidance that have been instrumental in our growth. While I will miss her on our board, we understand her constraints and wish her continued success.”
Also Read: ETSA 2024 | Had to clear out senior Zomato executives who lost the drive post-IPO: Deepinder Goyal
Soni, currently the chief executive of Southeast Asia focused fashion retailer Zalora Group, has formerly been a senior executive at Myntra, Jabong, Star India and McKinsey. She was appointed to Zomato’s board prior to the company’s July 2021 initial public offering.
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Friday, Zomato’s share ended trading 0.85% higher at Rs 277.50 on the BSE.Last month, Zomato’s cofounder and chief people’s officer Akriti Chopra had stepped down from her position.
Besides Soni and Goyal, Zomato’s board of directors comprises chairman Kaushik Dutta, Info Edge cofounder Sanjeev Bikhchandani, former banker Sutapa Banerjee, Narita Gupta and Aparna Popat Ved.