The company has replied to the query rasied by BSE via email dated October 29, 2025.
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Awaiting price reaction for this filing.
Adeshwar Meditex informed BSE that Mr. Benegal Parameshwara Udpa, a Non-Executive Independent Director, passed away on October 22, 2025. The company learned of his demise on October 28, 2025, and filed the intimation the same day, explaining the 6-day gap was due to late notification from the director's family. BSE had sought clarification on why the intimation under Regulation 30 of SEBI LODR was not filed immediately. The original announcement of demise was submitted on October 28, 2025 by the Company Secretary Vishal Jain.
No direct financial impact on shareholders, but the loss of an Independent Director may affect board composition and could necessitate a replacement appointment in due course.