Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that : 1. Mr. Shreeyash Bangur (DIN 00012825) has tendered ....
KIRANVYPAR · price
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Kiran Vyapar Ltd has informed the stock exchanges that Mr. Shreeyash Bangur (DIN: 00012825) has resigned from the post of Director and Managing Director (also classified as Key Managerial Personnel) with effect from the close of business on 31st March 2025. In addition, Ms. Sheetal Bangur (DIN: 00003541) has resigned from her position as Director on the same date. Both have cited commitments in other professional engagements as the reason for stepping down. No replacements have been announced in this filing. The resignations take effect on the last day of the financial year (FY25).
The simultaneous exit of the Managing Director and another director at the financial year-end may raise short-term governance concerns for shareholders, though no operational or financial reasons have been cited. Investors should watch for forthcoming announcements regarding the reconstitution of the Board and appointment of a new MD/KMP, as leadership continuity is critical for the company's strategic direction.