Announced Thu, 16 Jul · 18:05 IST
Independent Director Mr. Ramesh Chand Gupta resigns from Parsvnath
Management Changes View source PDF
PARSVNATH · price
▲ 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
-3.7%1-day move
₹2.18
prior close
₹2.14
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+0.0—+0.0-3.7-5.5-7.3-9.2-10.6—————
Up moveDown movePending
AI summary
Mr. Ramesh Chand Gupta (DIN: 01257134) has resigned as Independent Director of Parsvnath Developers effective July 14, 2026, citing personal pre-occupations and other commitments. He served on the Audit, Nomination and Remuneration, and Risk Management Committees. The filing was signed by the Resolution Professional, indicating the company is under insolvency proceedings. He confirmed no other material reasons for his exit.
Likely market impact
Loss of one Independent Director during ongoing insolvency. May affect board composition and weaken governance oversight.