Rushabh Precision Bearings Limited has informed the Exchange regarding Resignation of Mr Praveen Chandola as Executive Director of the company w.e.f. December 03, 2025.
Awaiting price reaction for this filing.
Rushabh Precision Bearings Limited has informed the stock exchange that Mr Praveen Chandola has resigned from his position as Executive Director of the company, with effect from December 3, 2025. As an Executive Director, he is classified as a Key Managerial Personnel (KMP) under the Companies Act, 2013. The company has not disclosed the reason for his resignation in this filing. This is a single board-level exit with no additional context on succession or replacement provided in the announcement.
The exit of an Executive Director represents a leadership change at the operational level, which may create short-term uncertainty around strategic continuity. Shareholders should watch for further disclosures on the reason for resignation and whether a replacement will be appointed soon.