Purvi Birla steps down as Whole-Time Director, stays on board

Kmp ResignedManagement Changes View source PDF Explain this filing

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₹1060.00

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Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-0.3% vs market

Iron & Steel Products peers, median of 100sector-0.1%+0.8% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.8 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mrs. Purvi Birla, Promoter Director and spouse of MD Aditya Vikram Birla, has stepped down as Whole-Time Director of Cosmic CRF Ltd due to personal and professional commitments, effective July 1, 2026. She will continue on the Board as Non-Executive Non-Independent Director, liable to retire by rotation. The Board approved the change at its June 30, 2026 meeting based on the Nomination and Remuneration Committee recommendation.

Likely market impact

Mrs. Birla remains on board as Non-Executive Director. Promoter family control unchanged. Minor governance shift only.