Announced Thu, 2 Apr · 17:32 IST
Independent Director Ajay Gandeja resigns from board
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹21.31
prior close
₹22.37
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+10.2+15.7+21.4+27.5+33.8+47.5+66.0+71.3+25.0+52.5
Up moveDown movePending
AI summary
Mr. Ajay Gandeja (DIN: 08663702), Independent Director of Cupid Breweries and Distilleries Ltd, resigned from the board effective March 29, 2026, citing pre-occupancy. He also stepped down as Chairman of the Audit Committee and member of the Nomination and Remuneration Committee. He continues as Independent Director at Jet Freight Logistics Ltd. He confirmed there are no other material reasons for his exit.
Likely market impact
Routine independent director exit due to personal reasons; creates a board vacancy and audit committee chairmanship to be filled.