Cessation of Senior Management Personnel
DISAQ · price
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Awaiting price reaction for this filing.
Disa India Limited has informed the stock exchanges that Mr. Jagadish A. Kulkarni, Sales Director – W&A, is retiring from the company at the close of business hours on May 15, 2025. Consequently, he will cease to hold the position of Senior Management Personnel of the company. The disclosure has been made under SEBI Listing Regulations read with the relevant SEBI circular dated July 13, 2023. Disa India is part of the Norican Group, which operates in the industrial manufacturing space with brands like DISA, ItalPresseGauss, and Wheelabrator.
This is a routine senior-level retirement in the sales function and is unlikely to materially affect the company's operations or stock price in the short term. Shareholders should monitor whether a replacement is announced for the W&A sales leadership role going forward.