PRECOTNSEPrecot Limited· Textiles - CottonMediumNeutral
Announced Mon, 30 Jun · 17:09 IST

Precot Limited has informed the Exchange about Retirement

Management Changes View source PDF

PRECOT · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Precot Limited has informed the stock exchange that Mr. Subburaj, a Senior Management Personnel of the company, has retired effective close of business hours on June 30, 2025. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The reason for change is stated simply as 'Retirement', with no further details provided on his role or replacement. The company secretary, S. Kavitha, signed the filing on behalf of Precot Limited.

Likely market impact

This is a routine retirement of a senior management team member and is unlikely to have a material impact on the stock price or shareholders, unless it signals broader leadership changes which are not indicated here.