Deep Industries Limited has informed the Exchange regarding Demise of Mr Ashokkumar Ratilal Patel, Non- Executive Independent Director of the company on December 13, 2025.
DEEPINDS · price
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Deep Industries Limited has informed the stock exchange about the passing away of Mr. Ashokkumar Ratilal Patel, a Non-Executive Independent Director of the company, on December 13, 2025. He was serving in a non-executive, independent capacity on the board. The company will now need to fill this board vacancy in line with regulatory requirements. The announcement is a formal disclosure of the sad event and is procedural in nature.
Minor near-term impact on stock price; the company will need to appoint a new Independent Director within the SEBI-mandated timeline to maintain board composition compliance. No material change in business operations is expected.