Kothari Sugars And Chemicals Limited has informed the Exchange regarding detailed Reasons for the Resignation by the Independent Director Mr. C.V Krishnan and his Confirmation
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Kothari Sugars and Chemicals Limited has informed the exchange about the detailed reasons for the resignation of Independent Director Mr. C.V. Krishnan (DIN: 01606522), effective June 27, 2025. Mr. Krishnan resigned due to personal reasons — overseas family travel and preoccupation with schoolwork. He does not hold directorships in any other listed entities and confirmed there are no other material reasons behind his departure. The resignation letter and related documents were enclosed with the intimation to the exchange.
This is a routine personal resignation with no governance red flags or material concerns disclosed, so it is unlikely to have any meaningful impact on the stock price or shareholders. Investors may note a vacancy on the board that the company will need to fill in due course.