CARBORUNIVNSECarborundum Universal Limited· AbrasivesHighNegative
Announced Mon, 24 Nov · 19:28 IST

Carborundum Universal Limited has informed the Exchange regarding sad demise of Mr. P S Raghavan, Non- Executive Independent Director of the company on November 24, 2025.

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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

Carborundum Universal Limited has informed the exchange about the passing away of Mr. P S Raghavan, a Non-Executive Independent Director, on November 24, 2025. Mr. Raghavan served on the company's board as an independent director. The company has notified the stock exchange of this sad event as required under corporate disclosure norms. The board will now need to fill this vacancy in line with SEBI's requirements on board composition.

Likely market impact

This is a non-event from a business standpoint — the company's operations and strategy remain unaffected. Investors should watch for a replacement appointment to ensure the board maintains the required number of independent directors as per SEBI norms.