CEO Mr Prakash Hari Khose resigns from NIBE Limited effective June 25, 2026
NIBE · price
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On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.1 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NIBE Limited informed exchanges that Mr. Prakash Hari Khose has resigned as Chief Executive Officer and Key Managerial Personnel, effective close of business hours on June 25, 2026. He cited personal reasons and confirmed there are no material reasons for his exit other than those in his resignation letter. The Pune-based company has not yet announced a successor.
CEO exit may create short-term leadership uncertainty until a replacement is announced. Monitor for succession update.