Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), read with Part A of Schedule III thereto, we regret to ....
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Awaiting price reaction for this filing.
Gleam Fabmat Limited has informed the stock exchange about the demise of Mr. Anil Kumar Gupta (DIN: 08193698), who served as the Whole-time Director of the company. He passed away on December 19, 2024. The intimation was filed with BSE on September 6, 2025, meaning there is roughly a nine-month gap between the event and the formal disclosure. Mr. Gupta held no directorships in any other listed entity. The filing is signed by Amit Gupta, who continues as Managing Director & CFO.
The board has lost a Whole-time Director, which is a Key Managerial Personnel, and the long delay in disclosing this to the exchange raises governance and compliance concerns. Shareholders may want clarity on whether a replacement has been or will be appointed and why the disclosure took so long.