Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 regarding Death of Mr. Sadiq Husain Siddiqui (DIN: 02125236), Whole time Director of the Company on 17.11.2025
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Shervani Industrial Syndicate Ltd has informed the stock exchange about the sudden and unexpected demise of Mr. Sadiq Husain Siddiqui (DIN: 02125236), who served as a Whole-time Director of the company, on November 17, 2025. The company has described it as an irreparable loss and conveyed condolences from the Chairman, Managing Directors, Directors, and employees to his family. The intimation was filed under Regulation 30 of the SEBI LODR Regulations, 2015, disclosing the cessation and its cause.
The loss of a Whole-time Director may create a temporary leadership gap at Shervani Industrial Syndicate Ltd until a replacement is appointed. This is a compassionate disclosure rather than a strategic event, but shareholders should watch for any upcoming announcement regarding succession or reconstitution of the board.