Announced Fri, 31 Jul · 13:21 IST
Independent Director completes second term, ceases office
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
-0.9%1-day move
₹97.95
prior close
₹101.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.2-0.9-6.7-4.0+1.6+6.7+2.8+23.0+7.1——
Up moveDown movePending
AI summary
Mr. Champak Kalyanji Dedhia, Independent Director of Simplex Castings, completed his second and final term and ceased to hold office from close of business hours on July 31, 2026. He chaired the Audit, Nomination and Remuneration, Stakeholders Relationship and CSR Committees. Board recorded appreciation for his service. Routine filing under SEBI Listing Regulations.
Likely market impact
Routine tenural exit with no operational impact. Company will need to appoint a new independent director to maintain board composition norms.