Announced Thu, 16 Apr · 17:43 IST

Intimation regarding resignation of Independent Director of the Company pursuant to the Regulation 30 of the SEBI (LODR) Regulations, 2015.

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+8.7%1-day move
₹237.75
prior close
₹249.60
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AI summary

Mr. Kapil Khera has tendered his resignation as an Independent Director of SK Minerals & Additives Ltd with effect from close of business hours on 16th April 2026. The stated reason is personal reasons. Upon resignation, Mr. Khera ceases to be the Chairman of the Nomination & Remuneration Committee and a member of both the Audit Committee and Stakeholder Relationship Committee. He has confirmed that there are no material reasons for his resignation other than those stated. Mr. Khera also holds a directorship as Whole Time Director in ICON FACILITATORS LIMITED, a listed company.

Likely market impact

The departure of an Independent Director who chaired the Nomination & Remuneration Committee could raise governance concerns for investors, though the director has confirmed no underlying material issues. The company will need to appoint a replacement to fill the vacant committee positions.