RESPONINDBSEResponsive Industries LtdCriticalNegative
Announced Tue, 26 May · 14:47 IST

Resignation of Mr. Rishabh Agarwal as Non-Executive and Non-Independent Director & Chairperson of the Company

Kmp ResignedDirector Flagged GovernanceManagement 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
+11.4%1-day move
₹173.55
prior close
₹183.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-0.6+0.1+1.8+11.4+11.9+4.4+9.0+11.0+3.9+2.6+12.4+0.8
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AI summary

Mr. Rishabh Agarwal (DIN: 05011607) has tendered his resignation as Non-Executive Non-Independent Director and Chairperson of Responsive Industries Ltd, effective May 26, 2026 (end of business hours). The resignation letter was dated May 20, 2026. Mr. Agarwal cited personal reasons for stepping down and confirmed there are no material reasons, disputes, or concerns relating to the company's affairs or management. He also confirmed no pending dues, liabilities, or disputes between himself and the Company. With this resignation, he ceases to be a member of the Board of Directors and all committees. Mr. Agarwal did not hold any directorships in other listed entities.

Likely market impact

The resignation of the Chairperson creates a governance gap and board leadership vacuum. Shareholders should monitor for the appointment of a new Chairperson and any impact on board composition or company direction.