This is to inform the sad demise of Shri P. K. Daga, Chairman Emeritus of the Company.
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Awaiting price reaction for this filing.
Deepak Spinners Ltd has informed the stock exchanges about the passing away of Shri P. K. Daga, who held the honorary title of Chairman Emeritus, on the night of 18 November 2025. The company filed this intimation under SEBI Listing Regulations, signed by Company Secretary Puneeta Arora. Chairman Emeritus is typically a non-executive honorary position and does not form part of the current board or key managerial personnel. The company has not announced any immediate changes to the board structure in this filing.
Since the Chairman Emeritus role is honorary and non-executive, the impact on day-to-day operations and the stock is expected to be minimal, though it marks the end of an era for the promoter family legacy at the company.