CMD Mr. Diwakar Nigam indisposed; unavailable for over 45 days due to health issues
NEWGEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Chairman and Managing Director Mr. Diwakar Nigam has been indisposed and unavailable to discharge his duties for over 45 days in a rolling 90-day period from April to June 2026, owing to pneumonitis-related health issues. He was intermittently hospitalised from May 2026 to June 2026, though he has remained available for certain crucial meetings and key decisions. The disclosure is being made under SEBI LODR due to the duration of his unavailability. Existing Whole-time Directors are attending to all matters, and the company says business operations continue without disruption. No resignation has been reported.
Health-driven absence of CMD is a governance concern, but continuity is maintained by Whole-time Directors; may create short-term uncertainty until recovery.