Managing Director Ashok Kalra resigns to pursue new venture
RAJMET · price
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Ashok Kalra, Managing Director, Executive Director, and Chairperson of Rajnandini Metal Limited, has resigned from all board and KMP roles effective September 29, 2026. Reason: he wants to pursue a different business venture requiring full-time attention. No other material reasons stated and no claims against the company. He will file Form DIR-11 with the Registrar of Companies.
Top-level leadership exit. Board must now appoint a new Managing Director, which may create short-term governance uncertainty for shareholders.