CROWNNSECrown Lifters LimitedHighNegative
Announced Sat, 28 Feb · 13:43 IST

Crown Lifters Limited has informed the Exchange regarding Demise of Mr Nooruddin Savji Rajwani , Non- Executive Non Independent Director of the company on February 28, 2026.

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

Crown Lifters Limited has informed the stock exchange about the sudden demise of Mr. Nooruddin Savji Rajwani (DIN: 00202397) on February 28, 2026. He was a Non-Executive, Non-Independent Director on the company's board and one of the Co-Founders of Crown Lifters Limited. Consequently, he ceases to be a Director with effect from the same date. The Board and employees have expressed deep condolences to his family and acknowledged his vast experience and valuable contributions during his tenure.

Likely market impact

This is a sad and significant event for the company as it has lost a co-founder and a long-serving board member. While there is no immediate operational or financial impact disclosed, the loss of a co-founder could lead to future board reconstitution. Shareholders should monitor any subsequent announcements regarding board composition changes.