Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Mr. Shreeyash Bangur (DIN 00012825) has tendered his resignation ....
KIRANVYPAR · price
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Kiran Vyapar Ltd has informed the stock exchanges that two board members have stepped down with effect from the close of business on March 31, 2025. Mr. Shreeyash Bangur (DIN: 00012825) has resigned from his position as Director and Key Managerial Personnel (Managing Director). Ms. Sheetal Bangur (DIN: 00003541) has resigned as a Director of the company. Both cited commitments in other professional engagements as the reason for stepping down. The resignations were submitted via letters dated March 31, 2025, and the company has filed the required disclosures under SEBI Listing Regulations.
The simultaneous exit of the Managing Director and another director from the Bangur family may raise short-term concerns about leadership continuity and strategic direction. Shareholders should watch for announcements regarding interim management arrangements and any succession plans, as the absence of a replacement announcement so far could create uncertainty around the stock in the near term.