Resigantion of Mr. Nishant Mittal, Chairman and Managing Director of the Company w.e.f 24.09.2025.
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Awaiting price reaction for this filing.
Mr. Nishant Mittal has resigned as Chairman and Managing Director of Space Incubatrics Technologies Ltd with effect from 24 September 2025. His resignation letter cites other professional commitments, while the disclosure to BSE cites personal reasons. He also steps down as a member of the Audit Committee. No other material reasons have been disclosed. The company has notified BSE under SEBI Listing Regulations and the filing is signed by Director Umesh Kumar.
Loss of the top executive and board leader may create leadership uncertainty for shareholders. The small-cap textile company now needs to find a new Chairman and Managing Director; watch for any follow-up appointment announcement which will shape near-term sentiment.