KOTARISUGNSEKothari Sugars And Chemicals Limited· SugarMediumNeutral
Announced Fri, 27 Jun · 15:27 IST

Kothari Sugars And Chemicals Limited has informed the Exchange regarding Resignation of Mr. C. V. Krishnan as Non- Executive Independent Director of the company w.e.f. Jun 27, 2025.

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Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹37.80
prior close
₹37.66
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4-0.3-0.4+0.0-0.7-0.1-1.9-6.5-20.8-20.4
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AI summary

Mr. C. V. Krishnan (DIN: 01606522) has resigned as Non-Executive Independent Director of Kothari Sugars And Chemicals Limited with effect from June 27, 2025. The resignation is due to personal reasons — he needs to travel to the USA and is occupied with school-related work. Mr. Krishnan does not hold directorship in any other listed entity. The communication was made to the stock exchange under Regulation 30 of SEBI LODR.

Likely market impact

This is a routine, personal-reason resignation of a single independent director and is unlikely to materially affect the stock price or company operations. Shareholders may want to watch for timely appointment of a replacement independent director to maintain board composition norms.