We hereby inform you that Company has been informed today on 19th April 2025, about the sad demise of Mr. Kuljit Singh Popli, (Non Executive - Independent Director of Company) who passed ....
RMC · price
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RMC Switchgears has informed the stock exchanges about the sudden passing of Mr. Kuljit Singh Popli (DIN: 01976135), a Non-Executive Independent Director on the company's board. He died on April 18, 2025, and the company was informed on April 19, 2025. The board and employees have expressed condolences to his family. The company has filed the required disclosure under SEBI's Listing Regulations. The vacancy on the board created by his passing will need to be filled in due course as per SEBI rules on independent directors.
This is a personal tragedy rather than a corporate governance issue. The company will need to appoint a new independent director within the timeline required by SEBI. No material impact on business operations or share price is expected from this news alone.