Responsive Industries Limited has informed the Exchange regarding Demise of Ms , Non- Executive Independent Director of the company on December 21, 2025.
RESPONIND · price
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Awaiting price reaction for this filing.
Responsive Industries Limited has informed the stock exchange about the passing of a Non-Executive Independent Director (Ms., name truncated in filing) on December 21, 2025. This is a personal loss and a non-operational event for the company. Under SEBI LODR norms, the board is required to fill the vacant independent director position within three months to maintain the required composition. The company will need to appoint a replacement to ensure compliance with minimum board strength and independent director requirements.
Neutral to slightly negative in the short term due to board vacancy. The company must appoint a new independent director within 3 months per SEBI norms, or risk non-compliance. No direct impact on operations or financials is expected.