Announced Tue, 23 Jun · 17:31 IST
Independent Director Mr. Bhagwan Das resigns
Management Changes View source PDF
Price
▲ 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
-1.8%1-day move
₹191.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.8-4.2-4.7-5.4-5.5-5.8+1.5-2.1——
Up moveDown movePending
AI summary
Mr. Bhagwan Das, Independent Director of Systematic Industries Ltd, has resigned effective June 22, 2026, citing personal and unavoidable circumstances. He confirmed there are no other material reasons for stepping down and holds no directorships in any other listed entity. The company has disclosed the change under SEBI LODR regulations.
Likely market impact
Minor governance change; single independent director exit on personal grounds, no governance concerns flagged. Board may need to fill the vacancy to meet composition norms.