Announced Fri, 1 May · 10:33 IST

RESIGNTION OF ADDITIONAL DIRECTOR MR. Pankaj Joshi won't be able to devote his time to the affairs of the Company and had decided to resign with effect from 21.03.2026

Kmp ResignedManagement Changes View source PDF

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▲ 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
+0.0%1-day move
₹14.00
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AI summary

Mr. Pankaj Joshi has resigned as Additional Director of the company with effect from 21.03.2026. The board formally accepted his resignation at its meeting held on 01.05.2026. In his resignation letter dated 21.03.2026, Joshi cited ill health and a new opportunity as reasons for stepping down. He acknowledged having no outstanding claims or compensation due from the company and released the company from any liabilities. The Whole Time Director Pankaj Jain signed off on the board meeting outcome filed with BSE.

Likely market impact

The departure of an Additional Director creates a board vacancy that the company will need to fill. The stated reason (ill health and new opportunity) appears routine with no indication of governance disputes, though investors should monitor whether the board maintains adequate composition going forward.