KHAITANLTDNSEKhaitan (India) Limited· TradingMediumNeutral
Announced Wed, 2 Jul · 15:54 IST

KHAITAN (INDIA) LIMITED has informed the Exchange about Resignation of Independent director.

Multiple Ind Directors ResignedManagement Changes View source PDF

KHAITANLTD · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Two independent directors, Sujata Chatterjee and Sandip Chatterjee, have resigned from the board of Khaitan (India) Limited, effective July 1, 2025. Both cited personal pre-occupations as the reason and confirmed there are no other material reasons behind their exit. Sujata Chatterjee also serves on the board of Khaitan Electricals Limited. The company has not announced any replacements yet.

Likely market impact

The simultaneous exit of two independent directors on the same day may raise minor governance concerns, as the board will need to fill these positions to comply with SEBI's minimum independent director requirements. Watch for any announcement of new appointments.