Announced Fri, 19 Jun · 15:21 IST
MD Shri Umesh Sandu passes away (19 June 2026)
Management Changes View source PDF
Price
▲ 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
-0.9%1-day move
₹42.39
prior close
₹42.77
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0———-0.9-2.1-1.0-2.3-2.6-3.7-3.5———
Up moveDown movePending
AI summary
Promoter and Managing Director Shri Umesh Sandu (DIN:01132141) passed away on 19 June 2026. He held 13,88,693 shares in the company and served on the Audit Committee and Stakeholders Relationship Committee. The board called his loss irreparable and conveyed condolences to his family. A replacement MD or leadership plan has not been announced in this filing.
Likely market impact
Sudden loss of promoter-MD may create leadership uncertainty and governance changes; stock may react negatively in the short term.