CESCNSECESC Limited· PowerHighNegative
Announced Mon, 12 Jan · 20:51 IST

CESC Limited has informed the Exchange regarding Demise of Mr Sunil Mitra, Independent Director of the company on January 12, 2026.

Management Changes View source PDF

CESC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

CESC Limited has informed stock exchanges about the sad demise of Mr. Sunil Mitra (DIN: 00113473), an Independent Director on the company's board, on January 12, 2026. The company has expressed deep condolences to his family and acknowledged his rich experience and knowledge as a board member. The disclosure is made under Regulation 30 of SEBI LODR, with details provided in Annexure-A. Mr. Mitra's sudden demise is described as an 'irreparable loss' to the company.

Likely market impact

The loss of an Independent Director will create a vacancy on the board that CESC will need to fill within the timelines required under SEBI/Companies Act norms. This is largely a governance/event announcement with limited direct impact on stock price, though it may trigger short-term sentiment effects.