Pursuant to Regulation 30 read with Point 7 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform you, with deep sorrow ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
KPT Industries has informed the stock exchanges about the passing of Mr. Prakash Arvind Kulkarni, its Executive Chairman, on 3rd January 2026 at the age of 83. He was the founder and Promoter Director of the company. The company expressed deep sorrow over his demise. The letter was signed by the Company Secretary & Compliance Officer, Mr. Aishwarya Toraskar. No successor or interim leadership arrangement has been disclosed in this filing.
The loss of the founder and Executive Chairman creates leadership uncertainty at the top, which may cause short-term volatility and concern among shareholders until a succession plan is announced. Long-term impact will depend on how quickly the board appoints a new Chairman and whether the company's strategic direction remains stable.