Intimation regarding demise of Independent Director
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Awaiting price reaction for this filing.
Kanungo Financiers Limited has informed the stock exchanges about the sad demise of Mrs. Manjulaben Navinchandra Kothari, an Independent Director on the company's board, who passed away on September 22, 2025, at the age of 86. The company officially received the death certificate on November 1, 2025, and disclosed this under SEBI's Listing Obligations and Disclosure Requirements Regulations. Mrs. Kothari has ceased to be a Director of the company with effect from September 22, 2025. The communication was signed by Managing Director Chirag K. Shah (DIN: 08111288), accompanied by a copy of the death certificate and standard SEBI-required details.
This creates a vacancy in the board's Independent Director position, and the company will need to fill the seat within the timeline prescribed under SEBI rules to maintain compliance with the minimum independent director requirement. This is a routine regulatory disclosure driven by an unforeseen event and is unlikely to have any material impact on the stock price or business operations.