Banco Products (I) Limited has informed the Exchange regarding Change in Director(s) of the company.

Kmp ResignedManagement Changes View source PDF

BANCOINDIA · price

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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

+3.1%1-day move

₹504.00

prior close

₹534.95

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.2+0.8+1.1+0.0+3.1+5.9+6.1+14.3+12.6+14.9+20.6+24.0+29.4+33.5

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AI summary

Mr. Venkata Ranganath Kumar Sami (DIN: 11090878) has resigned as Whole-time Director (Innovations) and Chief Technical Officer of Banco Products (India) Limited, effective 31st March 2026 (after close of business hours). He served the company for about two and a half years and cited personal reasons, including the need to relocate to his native place to be with his parents. He has completed the agreed three-month notice period from the date of his resignation letter dated 2 January 2026. The company has filed the disclosure under SEBI Listing Regulations, attaching his resignation letter and required details.

Likely market impact

This is a KMP-level exit, but the departure appears orderly with a full notice period served and personal (non-operational) reasons cited. Short-term sentiment may be mildly negative, but no immediate governance or business continuity concern is indicated.