Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NMS Global Limited has informed stock exchanges about the untimely demise of Sh. Sanjay Singh, a Non-Executive Independent Director, who passed away on 04th March 2025. The company only became aware of this on 17th April 2025, more than a month after his death, and is now making the regulatory disclosure under SEBI LODR Regulations. Sh. Sanjay Singh had been appointed to the board in 2022 and had been on long-term leave prior to his passing. The board, chairman, and MD have expressed condolences to his family and acknowledged his contributions during his tenure.
The loss of an independent director creates a vacancy on the board that the company will need to fill within the timelines prescribed under SEBI LODR norms to remain compliant. This is unlikely to materially affect stock price but is a routine governance disclosure that shareholders should note.