Announced Wed, 24 Jun · 19:26 IST
SEPC Independent Director Dr Ashutosh Karnatak resigns
Management Changes View source PDF
SEPC · 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
-4.6%1-day move
₹6.78
prior close
₹6.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-2.2-2.5-2.5-4.6-4.6-3.5-1.5-1.0-1.6-8.7-10.5——
Up moveDown movePending
AI summary
SEPC Limited's Non-Executive Independent Director Dr. Ashutosh Karnatak (DIN: 03267102) has resigned effective June 24, 2026, citing personal reasons and other professional commitments. His resignation email was copied to representatives of Markab Capital, an investor in the company. The Company Secretary has acknowledged receipt, and SEPC will need to appoint a new independent director to maintain the required board composition.
Likely market impact
Loss of one independent director. Company must fill the vacancy soon to keep the minimum number of independent directors required under listing rules.