Bkm Industries Limited has informed the Exchange regarding Demise of Mr. Sriyans Lunia, Non- Executive Independent Director of the company on May 31, 2025.
Awaiting price reaction for this filing.
BKM Industries Limited has informed the stock exchanges about the unfortunate demise of Mr. Sriyans Lunia, a Non-Executive Independent Director of the company, who passed away on May 31, 2025, due to cardiac arrest at the age of 32. The company stated it was unaware of the event until it received communication from the deceased's family members on June 13, 2025, which is why the disclosure was filed on the same day rather than within the usual 24-hour window. A copy of the death certificate issued by the Kolkata Municipal Corporation has been attached as Annexure I. The disclosure has been made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements, 2015.
The sudden loss of a young independent director creates a vacancy on the board that the company will need to fill to maintain compliance with minimum director requirements. This is a governance-sensitive event, but given the circumstances (natural death, not a resignation or governance issue), the direct stock price impact is expected to be limited.