Suumaya Industries Limited has informed the Exchange regarding Demise of Mr. Deepak Jain (DIN: 07987267), Non- Executive Director of the Company on May 12, 2025.
Awaiting price reaction for this filing.
Suumaya Industries Limited has informed the stock exchange about the unfortunate demise of Mr. Deepak Jain (DIN: 07987267), a Non-Executive Director of the company, on May 12, 2025. The Board of Directors has expressed deep condolences to his family and called his loss irreparable. The company has made this disclosure under SEBI Listing Regulations (Regulation 30 read with Schedule III). No other details about succession or replacement have been mentioned in the filing.
The sudden loss of a board member may create a short-term governance gap, but since Mr. Deepak was a Non-Executive Director, day-to-day operations are unlikely to be affected. The company will need to fill the board vacancy in due course, and shareholders should watch for any future announcement regarding a new director appointment.