Intimation regarding delay in submission of information pertaining to demise of Independent Director
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kanungo Financiers has informed the stock exchanges about a delay in reporting the death of its Independent Director, Mrs. Manjulaben Navinchandra Kothari (DIN: 08012476), who passed away on September 22, 2025. The company says it could not file the intimation on time because the official death certificate was not available and family confirmation was pending. The death certificate was received on November 1, 2025, after which the disclosure was made. The company has apologized for the unintentional delay and assured timely disclosures going forward.
The board has lost an Independent Director, leaving a vacancy that may need to be filled within the timeline required under SEBI/Companies Act rules. The delayed disclosure is a governance red flag that investors should note, though the company has acknowledged and apologized for the lapse.