Jindal Steel & Power Limited has informed the Exchange regarding Demise of Mr. Sunjay Kapur, Non- Executive Independent Director of the company on Jun 12, 2025.
JINDALSTEL · price
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Jindal Steel & Power Limited has informed the exchanges about the sudden demise of Mr. Sunjay Kapur, a Non-Executive Independent Director, on June 12, 2025, in England. He had been serving on the board since August 10, 2021, and held DIN 00145529. The company has expressed deep appreciation for his contributions and extended condolences to his family. The disclosure has been made under Regulation 30 of the SEBI Listing Regulations, with cessation date recorded as June 12, 2025.
This is a non-financial, governance event resulting from an unfortunate personal loss. It is unlikely to have a material impact on stock price or operations, though the company will need to fill the vacant independent director position within the timelines prescribed under SEBI rules to maintain board composition compliance.