Announced Fri, 17 Jul · 16:21 IST
Independent Director resigns, new Independent Director appointed
Management Changes View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.4%1-day move
₹63.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.4+3.1-8.7-7.8-0.0—————
Up moveDown movePending
AI summary
Lakhotia Polyesters' Board accepted the resignation of Mr. Nikunj Shrawan Bihani as Non-Executive Independent Director, effective July 17, 2026, citing pre-occupation and personal reasons. He confirmed no other material reasons. In his place, Ms. Kajal Dubey (MBA in Finance) was appointed as Additional Independent Director for 5 years, subject to shareholder approval. She is not related to any existing directors.
Likely market impact
Routine board reshuffle. One independent director exits for personal reasons and is immediately replaced. No governance concerns flagged. Minimal impact on shareholders.