RattanIndia Power Limited has informed the Exchange regarding Resignation of Mr. Baliram Ratna Jadhav as Executive Director of the company w.e.f. Jun 06, 2025.
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Awaiting price reaction for this filing.
RattanIndia Power Limited has informed stock exchanges about the resignation of Mr. Baliram Ratna Jadhav (DIN: 10295412) from the position of Whole-time Director and Key Managerial Personnel, effective June 6, 2025. Mr. Jadhav cited personal reasons for his departure. His resignation letter states he is stepping down with immediate effect and expressed gratitude for his tenure on the board. The company has disclosed the required details under SEBI's Listing Regulations and Master Circular. No replacement appointment has been announced in this filing.
The exit of a Whole-time Director and KMP may create a short-term governance gap, but since the reason is personal (not performance-related or contentious), the impact on the stock is likely limited. Investors should watch for any announcement regarding a replacement appointment.