BSEDeepak Spinners Ltd-$MediumNegative
Announced Mon, 2 Mar · 16:53 IST

Resignation of Senior Vice President (Personnel & Administration) as annexed

Kmp ResignedManagement 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

Shri Shyam Sunder Saxena has resigned from the post of Senior Vice President (Personnel & Administration) at the Baddi Unit of Deepak Spinners Ltd with immediate effect from 2nd March 2026. The resignation was submitted citing ongoing health issues, and a copy of the email resignation was attached to the filing. The company filed the disclosure under SEBI Listing Regulations, indicating this role is treated as a Key Managerial Personnel (KMP). No successor has been named in this announcement.

Likely market impact

This is a routine HR-level KMP exit due to personal health reasons and is unlikely to materially impact operations or the stock price. Investors may watch for a replacement appointment to be disclosed later.