BSEKrypton Industries LtdMediumNeutral
Announced Tue, 26 Aug · 17:42 IST

Board Meeting outcome for the following agendas: 1. Appointment of Mrs. Garima Bardia as an Additional Director (NON Executive Non Independent) 2. Resignation of Mrs. Vimala Devi Bardia 3. ....

Promoter Family Board EntryManagement Changes View source PDF

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AI summary

The Board of Krypton Industries, at its meeting on 26th August 2025, approved the appointment of Mrs. Garima Bardia (DIN: 10594052) as an Additional Director in the Non-Executive Non-Independent category, effective immediately and subject to shareholder approval at the AGM on 23rd September 2025. Mrs. Garima Bardia is the daughter-in-law of the Managing Director Mr. Jay Singh Bardia and the spouse of Whole Time Director Mr. Digvijay Singh Bardia, making her a member of the promoter's family. The Board also accepted the resignation of Mrs. Vimala Devi Bardia (DIN: 07125170) from the position of Women Director, citing age and health reasons. Additionally, the Board approved alterations to the Memorandum and Articles of Association, pending shareholder approval.

Likely market impact

This is a routine governance update reflecting a like-for-like change at the board level, where an existing Women Director is being replaced by a member of the promoter's family. Shareholders should note that Mrs. Garima Bardia's appointment as Non-Executive Non-Independent Director does not add an independent voice to the board. The alterations to MOA/AOA will require shareholder approval at the upcoming AGM.