Resignation of Director
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shilp Gravures Limited has informed the stock exchange that Mrs. Monica Kanuga (DIN: 06919996) has resigned as Non-Executive Director of the company, effective from the close of business hours on August 7, 2025. Her resignation letter, dated July 17, 2025, cites a change in the management and promoters as the reason for stepping down. Mrs. Kanuga had been associated with the company for over two decades and held no other listed entity directorships. The Board has placed on record its appreciation for her contributions.
The stated reason of 'change of the management and the promoters' is significant and may signal an upcoming change in control or promoter restructuring at Shilp Gravures, which shareholders should monitor closely. The departure of a long-tenured director during such a transition could affect board continuity in the short term.