Intimation of sad demise of Shri Jhanwarlal Bhanwarlal Sipani, Director of the company pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Kusam Electrical Industries Ltd has informed BSE about the passing of one of its directors, Shri Jhanwarlal Bhanwarlal Sipani (DIN: 01261901), who died on 15th November 2025. The company received this information from his family members on 13th December 2025, nearly a month after his death. The company described his loss as 'irreparable' and expressed condolences. The intimation has been made under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30). The CFO, Naval Sushil Jha, signed the filing.
The loss of a board member may create a vacancy on the board that the company will need to fill. This is a routine disclosure under SEBI rules and does not indicate any financial or operational distress. Investors should watch for any announcement regarding a replacement director.