Intimation of completion of tenure of Shri Chandrasekharan Bhaskar - Non Executive Independent Director w.e.f. 12.05.2026
KRITI · price
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Shri Chandrasekharan Bhaskar (DIN: 00003343) has ceased to be an Independent Director of Kriti Industries India Ltd with effect from 12th May 2026. This follows the completion of his two consecutive terms of 5 years each as Non-Executive Independent Director, totaling 10 years of service on the board. The cessation is a routine retirement upon completion of the maximum permitted tenure under Section 149 of the Companies Act, 2013. The company has stated it is in the process of filing the required XBRL documentation and updating corporate information on its website.
This is a routine governance change as the director completed the maximum allowed tenure. The board will need to appoint a new Independent Director to maintain compliance with SEBI LODR Regulations regarding minimum independent directors.