Pursuant to Regulation 30 of SEBI (Listing obligation and Disclosure Requirements), 2015 this is to inform you that based on the recommendation of Nomination and Remuneration Committee ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Krishna Infrastructure Ltd announced key board changes at its meeting held on July 23, 2025. Mr. Ravi Kotia resigned from the post of Chairman and Managing Director with immediate effect, citing the Open Offer and its conditions as the reason for stepping down. In his place, Mr. Prashant Natwarlal Lakhani (DIN: 00559519) was appointed as Additional Executive Director, subject to shareholder approval. Lakhani brings over 30 years of experience in logistics and business leadership. The board also reconstituted the Audit Committee and Stakeholders Relationship Committee following these changes. The new director is not debarred by SEBI and holds no other listed entity directorships.
The resignation appears linked to an Open Offer, suggesting a possible change in control or acquisition event, which could lead to further restructuring. Shareholders should watch for the open offer letter and any changes in shareholding pattern. Short-term stock volatility is possible as the market digests the leadership transition.