India Motor Parts and Accessories Limited has informed the Exchange about Resignation of Director/KMP/SMP
IMPAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sri S Ram has resigned from the position of Chairman and Non-Executive Director of the Company with effect from 8th May 2026 due to advancing age. The Board expressed appreciation for his valuable guidance during his tenure. Simultaneously, Sri Srivats Ram, who was already a Non-Executive Director, has been appointed as the new Chairman for a term of 5 years effective from 9th May 2026. This appears to be a planned succession within the board leadership.
The resignation of the long-serving Chairman may create some uncertainty in the short term, though the seamless appointment of Sri Srivats Ram as successor suggests continuity in leadership. Investors should monitor for any further governance changes or board composition updates.