BSEShentracon Chemicals LtdMediumNegative
Announced Fri, 28 Nov · 18:33 IST

Please find attached the intimation with respect to resignation of Directors of the Company.

Multiple Ind Directors ResignedKmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shentracon Chemicals has informed the stock exchanges about four resignations effective November 28, 2025. Non-Executive Non-Independent Director Mrs. Garima Sureka resigned citing pre-occupation. Two Independent Directors — Mr. Milan Sardar and Mr. Chandi Das Chakraborty — resigned along with the company's Manager/KMP Mr. Jayanta Sahu, all three citing 'change in management' as the reason. The resignations were disclosed under SEBI LODR Regulation 30, and the directors confirmed there were no other material reasons for stepping down. The Managing Director (Amit Lalit Jain) signed the intimation.

Likely market impact

The simultaneous exit of two independent directors and the manager, all citing 'change in management,' suggests a possible shift in ownership or control at the company, which shareholders should monitor closely for further announcements. Until clarity emerges on who the new management is, the stock may see uncertainty and governance-related concerns.