Bhandari Hosiery Exports Limited has informed the Exchange regarding Cessation of Mr Surinder Kumar Kapoor as Non- Executive Independent Director of the company w.e.f. May 30, 2025.
BHANDARI · price
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Bhandari Hosiery Exports Limited has informed the stock exchange that Mr Surinder Kumar Kapoor has ceased to be a Non-Executive Independent Director of the company, effective May 30, 2025. The announcement does not specify the reason for his departure, such as completion of tenure, resignation, or other causes. No replacement or new appointment has been mentioned in this filing. The company has not disclosed any other details regarding board composition changes in this announcement.
The departure of a single independent director is a routine board change and is unlikely to materially affect the stock price. Investors should watch for any follow-up filings on the appointment of a new independent director to maintain regulatory compliance on board composition.