Krystal Integrated Services Limited has informed the Exchange regarding Resignation of Mr Milind Jadhav as Other of the company w.e.f. July 31, 2025.
KRYSTAL · price
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Krystal Integrated Services informed the stock exchanges about the resignation of Mr. Milind Jadhav, President – Group Business Development, who has been categorized as a Senior Management Personnel (SMP). He tendered his resignation on July 1, 2025, citing personal reasons, and will be relieved from duties at the close of business on July 31, 2025. In the same board meeting on July 31, 2025, the company also approved Q1 FY26 unaudited financial results, fixed September 2, 2025 as the record date for a proposed final dividend for FY25, scheduled the 24th AGM for September 16, 2025, and approved the incorporation of four new wholly-owned subsidiaries (Krystal Power Resources, Krystal Ports and Harbour, Krystal Waste Works, and Krystal Water Resources). Additionally, Ms. Mrunalini Salian (GM – HR) was designated as SMP, and the IPO Committee was dissolved.
The departure of an SMP is a routine personnel change and unlikely to materially affect operations, as the role is below the board and KMP level. The announcement also carries positive signals — a proposed final dividend, subsidiary expansion, and steady Q1 results approval — which together suggest business-as-usual continuity for shareholders.