Pursuant to Regulation 30 read with Schedule III and Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Mr. Prakash ....
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Mr. Prakash Vasant Kamat, a Non-Executive Independent Director of Kranti Industries, has resigned from the Board effective close of business hours on November 11, 2025. The resignation is due to him attaining the age of 75 years and completing his second consecutive term as an Independent Director. He has confirmed there are no material reasons other than those stated in his resignation letter. The Board has acknowledged his contributions during his tenure, and the resignation will be formally noted at the Board meeting scheduled for November 14, 2025.
This is a routine, age-driven exit and not indicative of any governance concerns. Shareholders should note the company now needs to fill the independent director position to comply with SEBI's board composition requirements, but no immediate impact on operations or stock price is expected.