HEXAGONNSEHexagon Nutrition LimitedHighNegative
Announced Tue, 7 Jul · 11:44 IST

Two directors resign after fully exiting shareholding post-IPO

Multiple Ind Directors ResignedKmp ResignedManagement Changes View source PDF

HEXAGON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹70.60
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.8-2.4+2.9+9.0+7.4+4.1-11.8
Up moveDown movePending
AI summary

Mr. Subhash Kelkar (Executive Director) and Mr. Aditya Kelkar (Non-Executive Director) of Hexagon Nutrition have resigned effective 6th July 2026. Both were selling shareholders in the recently concluded IPO and have fully divested their shareholding in the company. No other material reasons were cited for the resignations. Both directors will remain bound by Non-Compete Agreements dated 20th April 2026 covering confidentiality, non-compete, and non-solicitation obligations.

Likely market impact

Two directors exit simultaneously post-IPO after fully selling stakes. No governance red flags, but board experience reduces and promoter-linked representation ends.