Announced Fri, 17 Apr · 19:26 IST

Resignation of Rajendra Prasad

Kmp ResignedManagement 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 14 horizons · vs prior close
+11.1%1-day move
₹0.18
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AI summary

Mr. Rajender Parsad (DIN: 10871533) has resigned from his position as an Additional & Non-Executive Director of Space Incubatrics Technologies Ltd, effective 17th April 2026. His personal resignation letter also mentions resigning as Executive Director. The resignation cites personal and unavoidable reasons. The company has confirmed receipt of the resignation and verified that there are no other material reasons beyond those stated. The board meeting to approve this resignation was held on 17th April 2026. Rajender Parsad also holds directorship in Johnson Pharmacare Limited.

Likely market impact

This is a routine board-level change with minimal immediate impact on operations. The resignation of a single director may raise minor governance questions but the company has confirmed no underlying disputes. Shareholders should monitor for replacement appointment.