Morarjee Textiles: Two Whole Time Directors to step down on Jun 9

Kmp ResignedManagement Changes View source PDF

MORARJEE · price

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▲ 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

+10.1%1-day move

₹9.10

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AI summary

Mr Harshvardhan Piramal (from promoter Piramal family) and Mr Kishor Dhage will cease as Whole Time Directors of Morarjee Textiles effective June 9, 2026. The filing does not mention any reason for their exit. Investors should seek more clarity from the company on succession plans and the circumstances of the departure.

Likely market impact

Two WTD exits including a promoter family member; shareholders may seek clarity on reasons and succession.