CEIGALLNSECeigall India LimitedHighNegative
Announced Thu, 7 May · 17:24 IST

Ceigall India Limited has informed the Exchange about Resignation of Director/KMP/SMP

Kmp ResignedManagement Changes View source PDF

CEIGALL · price

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

Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹367.40
prior close
₹367.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+4.1+3.2+1.7-0.2-5.0-4.7-3.6-6.4-11.5-7.0-5.4+0.2
Up moveDown movePending
AI summary

Mr. Chitwon Wason (DIN: 10898748) has tendered his resignation as Whole-Time Director from Ceigall India Limited and from all committees of the Board, effective from the close of business hours on Wednesday. The resignation was submitted on April 22, 2026. Mr. Wason expressed gratitude to the Board, Management, and Chairman cum Managing Director for the trust and support during his association with the company. The stated reason for resignation is 'Family Commitment and Personal Exigencies'. Alongside this, the company appointed Mr. Ankit Kumar Agrawal as an Independent Non-Executive Director (effective July 1, 2026) and re-appointed two other independent directors.

Likely market impact

The departure of a Whole-Time Director (a KMP) could signal management transition risk and may raise governance concerns for investors, especially without an immediate replacement named for operational responsibilities.