BSEBaroda Extrusion LtdCriticalNegative
Announced Fri, 14 Nov · 14:40 IST

INTIMATION OF DEATH OF MR. PARASMAL KANUGO, MANAGING DIRECTOR OF BARODA EXTRUSION LIMITED

Management Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Baroda Extrusion Limited has informed BSE about the sudden and unexpected death of its Managing Director, Mr. Parasmal Kanugo (DIN: 00920021), on Friday, 14th November 2025. The company received the intimation of his passing from his family members on the same day. The Board has acknowledged his long association and vision that benefited the company and expressed deep condolences to his family. The disclosure has been made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Likely market impact

This is a leadership-level event — the sudden loss of the Managing Director may create short-term uncertainty around succession and strategic direction. Shareholders should watch for a forthcoming announcement regarding the appointment of a new Managing Director, as governance continuity will be a key concern in the coming weeks.