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Kings Infra Ventures Ltd has informed BSE about the sudden demise of Mr. Shaji Baby John (DIN: 01018603), who served as Chairman & Managing Director of the company, on 14th December 2025. The company learned of the incident on 15th December 2025 at 3:00 AM. The board and employees have expressed deep condolences to his family, calling his loss 'irreparable' to the company. Mr. Shaji Baby John did not hold directorships in any other listed entity, and the cessation is due to death, not resignation or appointment-related change.
The unexpected loss of the Chairman & Managing Director creates a significant leadership vacuum at the top and may raise governance and continuity concerns for shareholders. The stock could see short-term sentiment pressure until the company announces a succession plan.