Cemindia Projects Limited has informed the Exchange regarding Demise of Mr Pankaj Inderchand Jain , Independent Director of the company on March 12, 2026.
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Cemindia Projects Limited has informed the exchanges about the unfortunate demise of Mr. Pankaj Inderchand Jain (DIN: 00173513), a Non-Executive Independent Director, on March 12, 2026. Mr. Jain had been on the company's board since October 31, 2018, and was reappointed for a second term from October 31, 2023. The company described his loss as irreparable and expressed condolences to his family. The company (formerly ITD Cementation India Limited) will now need to fill the vacant independent director position on its board.
The sudden loss of a long-serving independent director may create a temporary governance gap and could affect the composition of board committees. Investors should watch for the appointment of a replacement independent director within the timelines required under SEBI Listing Regulations.