Announced Tue, 6 May · 10:33 IST

We regret to inform you of the untimely and demise of our director Mr. Rakesh Mohan Sharma on 05.05.2025

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

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AI summary

Southern Infoconsultants Ltd has informed BSE about the untimely demise of Mr. Rakesh Mohan Sharma, a Non-Executive Director and founder of the company, on 5th May 2025. Mr. Sharma was appointed as a Non-Executive Director and played an active role in Board and Committee meetings during his tenure. The company described his loss as irreparable and conveyed condolences to his family. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Likely market impact

The sudden loss of the founder and a Board member may create short-term uncertainty around leadership continuity and strategic direction, though the board continues to function. Shareholders should watch for any subsequent announcement regarding board reconstitution.