Intimation of cessation of Mr. Ramamoorthy Puthalapattu as Independent Director with clarification
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Awaiting price reaction for this filing.
Mr. Ramamoorthy Puthalapattu (DIN: 00699048), Independent Director of Sri Chakra Cement Ltd, ceased to be a director with effect from close of business on 16 December 2025 after completing his second and final five-year term as an Independent Director. The company also submitted a clarification to BSE for delaying the intimation beyond the 24-hour SEBI deadline, attributing the delay to the non-availability of the authorized signatory/Compliance Officer and stating there was no malicious intent. The company confirmed no unpublished price-sensitive information was involved in the disclosure. The board placed on record its appreciation for the outgoing director's contributions.
This is a routine, regulatory-mandated end of tenure and is unlikely to materially affect the stock. However, the delayed filing and the admission of non-availability of the Compliance Officer raise minor governance and disclosure-quality concerns for retail shareholders to watch.