Demise of Promoter Mr. Mammen Philip
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Mr. Mammen Philip, a Promoter of MM Rubber Company Ltd, passed away on 08th December 2025 at age 87. He held 95,363 equity shares representing 1.53% of the company. The company has announced that his shares will be transmitted to his daughter Ms. Kavita Philip, who will become an immediate relative in the promoter group. The filing was delayed (reported on 07th May 2026) due to the sudden and unexpected nature of the death. The shareholding pattern has been updated and filed with BSE for the quarter and year ended 31st March 2026.
The death of a promoter with 1.53% stake and transfer of shares to a family member results in a change to the company's promoter group composition. This is a personal/family matter for the company with no direct operational impact.