Indian Terrain Fashions Limited has informed the Exchange regarding Demise of Mr. P S Raghavan, Independent Director of the company on November 25, 2025.
INDTERRAIN · price
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Indian Terrain Fashions Limited has informed the NSE about the sad demise of Mr. P S Raghavan, an Independent Director of the company, on November 25, 2025. Mr. Raghavan was serving on the board as an independent director at the time of his passing. The company will now need to fill the vacant independent director position within the timelines prescribed under SEBI LODR regulations and the Companies Act, 2013.
This is a loss for the company's board but is unlikely to have a material direct impact on the stock price or business operations. The company will need to appoint a replacement independent director within three months to maintain statutory board composition requirements.