Announced Thu, 9 Jul · 13:13 IST
Independent Director Krishnaprasad Ramanathan resigns effective July 8, 2026
Management Changes View source PDF
Price
▲ 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
+3.7%1-day move
₹86.52
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.7+5.8+7.9+10.1+12.3+20.2————
Up moveDown movePending
AI summary
Non-Executive Independent Director Mr. Krishnaprasad Ramanathan (DIN: 07209850) has resigned from the board effective July 8, 2026, citing personal reasons. He was appointed on September 3, 2025, serving about 10 months. In his resignation email he wished the company well with its revival plan. The company filed a revised disclosure after BSE flagged gaps in the original submission. He confirmed no other directorships in listed entities.
Likely market impact
Minor governance update. Single independent director exit; no immediate impact on operations. Watch for replacement to maintain board composition.