Demise of Mr. Satendra Bhatnagar an Independent director of the company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prime Property Development Corporation Ltd has announced the death of Mr. Satendra Kumar Bhatnagar, a Non-Executive Independent Director of the company. He passed away on Monday, April 27, 2026. The company received intimation of his death from family members on Thursday, April 30, 2026. The company expressed deep sympathy and condolences to his family, calling his loss irreparable. Mr. Bhatnagar held DIN 01813940 and had no directorships in other listed entities according to the disclosure.
The death of an independent director creates a vacancy on the board, which the company will need to fill to maintain compliance with board composition requirements. This may have a minor negative sentiment impact on the stock in the short term.