CPCAPNSECP Capital LimitedMediumNeutral
Announced Sat, 3 May · 19:35 IST

CP Capital Limited has informed the Exchange regarding Resignation of Mr Jagdish Prasad Sarda as Non- Executive Independent Director of the company w.e.f. May 03, 2025.

Management 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. Jagdish Prasad Sarda (DIN: 07654623) has resigned as Non-Executive Independent Director of CP Capital Limited, effective from the close of business hours on May 3, 2025. The reason cited is pre-occupation and other personal commitments. He also stepped down as Chairman of the Nomination and Remuneration Committee and as a member of the Stakeholders Relationship Committee and Audit Committee. The company confirmed there are no other material reasons for the resignation beyond what was stated. The resignation letter has been submitted as an annexure to the filing.

Likely market impact

This is a routine independent director exit due to personal reasons with no governance concerns flagged. Shareholders may want to watch for the appointment of a replacement independent director to ensure board composition remains compliant with SEBI requirements.