Kiri Industries Limited has informed the Exchange regarding Cessation of Mrs Veena Jayantilal Padia as Non- Executive Independent Director of the company w.e.f. September 24, 2025 in continuation to the previous intimation dated September 27, 2025 and also submission of additional information.
KIRIINDUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kiri Industries has informed the exchanges that Mrs. Veena Jayantilal Padia ceased to be a Non-Executive Independent Director with effect from September 24, 2025, reportedly upon completion of her tenure. The original intimation was made on September 27, 2025, but BSE later flagged the company on September 29, 2025 for late disclosure of this change. The company has now explained that the delay was inadvertent, stating it inadvertently overlooked disclosing the change within the prescribed timeframe. Kiri Industries has committed to avoiding such delays in the future and confirmed there is no financial or operational impact from this lapse.
The departure of an independent director is a routine board change, but the delayed disclosure to stock exchanges — prompting a formal BSE inquiry — is a minor governance/compliance red flag that shareholders should note, even though the company says there is no material impact.