Announced Sat, 20 Sept · 15:07 IST

We regret to inform about the sad demised of Mr. Kanwal Krishan Mehta (DIN: 00036902), Whole Time Director of the Company today on Saturday, 20th September, 2025. Mr. Kanwal Krishan Mehta ....

Kmp ResignedManagement Changes View source PDF

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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

Mr. Kanwal Krishan Mehta (DIN: 00036902), Whole Time Director of Competent Automobiles Company Ltd — an authorised Maruti Suzuki dealer based in New Delhi — passed away on Saturday, 20th September 2025. He had been associated with the company since 15th March 1999, serving for over 26 years. The Board of Directors and employees have expressed condolences to his family. The disclosure has been made to BSE under Regulation 30 of the SEBI Listing Regulations with the cause of cessation noted as natural death. Details have been attached as Annexure-1 to the filing.

Likely market impact

The sudden loss of a long-serving executive director may create a temporary leadership gap at the dealership and could trigger a board reconstitution in the near term. Investors should track any forthcoming announcement on appointment of a new Whole Time Director, though no immediate operational disruption is signalled.