BSEBinny LtdMediumNegative
Announced Fri, 25 Apr · 21:24 IST

corrigendum to the intimation regarding the resignation of Director Mr Natarajan Prasanna with effect from 24th April 2025 submitted today

Director Flagged GovernanceManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Binny Limited has issued a corrigendum to a previous announcement about the resignation of Director Mr. Prasanna Natarajan (DIN: 01684876). Originally, the company had reported that his resignation was effective April 24, 2025. However, the director himself clarified via email that he had actually resigned much earlier, on February 14, 2025, and that this had already been communicated to BSE through Binny Mills Limited. The company is being asked to amend the intimation to reflect the correct date. The filing was signed by A.M. Nandagopal, Legal Officer, on April 25, 2025, attaching the director's email as supporting evidence.

Likely market impact

The corrigendum revises the resignation date back by roughly two months. While the outcome (a director leaving) is unchanged, the need for a correction initiated by the director himself raises a minor red flag on the accuracy and timeliness of the company's original disclosure.