Adeshwar Meditex Limited has informed the Exchange regarding the demise of Mr. Benegal Parameshwara Udpa, Independent Director of the Company on October 28, 2025.
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Adeshwar Meditex Limited has informed the stock exchange about the sad demise of Mr. Benegal Parameshwara Udpa, a Non-Executive Independent Director, who passed away on Wednesday, October 22, 2025. He had been serving on the board since June 30, 2023, and the company acknowledged his contributions to board and committee meetings. The board expressed condolences and noted his demise as an irreparable loss. The intimation was filed under SEBI Listing Regulations on October 28, 2025.
The company will need to fill the vacant independent director position within the timelines prescribed under SEBI Listing Regulations to maintain board composition compliance. This is unlikely to have any material impact on stock price or operations.