TCI Express Limited has informed the Exchange regarding Demise of Mr Ashok Kumar Ladha, Independent Director of the company on Jun 27, 2025.
TCIEXP · price
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TCI Express Limited has informed stock exchanges about the passing away of Mr. Ashok Kumar Ladha, an Independent Director of the company, on June 27, 2025. Mr. Ladha had been on the board since August 18, 2016, serving nearly 9 years as an Independent Director. The company described his demise as an 'irreparable loss' and acknowledged his consistent contribution and valuation guidance during his tenure. The disclosure has been made under SEBI Listing Regulations, with required details provided in Annexure-A.
The board will now have a vacancy in the Independent Director category, and the company will need to fill this position within the timeframe required under SEBI rules. This is a personal event and unlikely to materially impact stock price, though governance continuity may be monitored by investors.