Tenure Completion of Mr. Amit Mahavirprasad Jain as an Independent Director of the company.
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Mr. Amit Mahavirprasad Jain (DIN: 07368746) has completed his second and final term as an Independent Director of Khemani Distributors & Marketing Ltd and ceased to hold that position from the close of business hours on 01/01/2026. The Board expressed appreciation for his contribution during his tenure. The company also acknowledged a delay in filing this disclosure within SEBI's mandated 24-hour timeline and stated it is implementing corrective measures to prevent recurrence.
This is a routine, expected end-of-tenure exit with no governance concerns against the outgoing director. The disclosure delay is a minor compliance lapse noted by the company itself, but unlikely to materially affect the stock. Investors may want to watch for a replacement Independent Director appointment to ensure board composition norms are maintained.