Announced Fri, 11 Jul · 12:10 IST

Pursuant to Reg 30 of SEBI (LODR) Regulations, 2015, we regret to inform you that the company was intimated today dated 11th July, 2025, about sad demise of Mr. Kiran Prakash Shah (DIN: ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹11.93
prior close
₹11.94
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AI summary

Alexander Stamps and Coin Limited has informed BSE about the unfortunate demise of Mr. Kiran Prakash Shah, who served as the Whole-time Director and CEO of the company. Mr. Shah passed away on 26th June 2025, and the company was formally informed on 11th July 2025. He had been serving as Whole-time Director and CEO since 31st December 2020 and contributed significantly to the company's growth during his tenure. The board has expressed deep condolences and described his passing as an irreparable loss. The filing has been made under Regulation 30 of SEBI LODR Regulations, 2015.

Likely market impact

The sudden loss of the CEO creates a leadership vacuum that may affect strategic direction and day-to-day operations until a successor is appointed. Investors should watch for further announcements regarding the appointment of a new CEO.