Intimation of Resignation of Mr. Ankit Kumar and Mr. Manoranjan Kumar from the office of Director with effect from 4th May, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NB Footwear Limited's Board meeting on May 4, 2026 approved the resignation of two directors — Mr. Ankit Kumar and Mr. Manoranjan Kumar — effective the same date. Both cited personal reasons for their departure. Simultaneously, the board appointed Mr. Haripada Naskar as an Additional Director. The simultaneous resignation of two directors raises concerns about potential stability issues on the board, as no specific reasons beyond personal matters were disclosed.
The simultaneous departure of two directors may create governance concerns for investors, as multiple resignations without clear explanation can signal internal issues. The appointment of one new director may not fully compensate for the loss of institutional knowledge and board continuity.