Announced Tue, 27 May · 18:20 IST

Disclosure under reg 30 for resignation of Tanya Advani as Director

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ms. Tanya Halina Advani has resigned as Director of the company with effect from 27th May 2025. The resignation is linked to a change in control of the company, following a Share Purchase Agreement dated 21st March 2025 between the existing promoters and new acquirers (takeover). The disclosure has been made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Notably, the filing is signed by the Company Secretary of Ador Multi Products Limited, suggesting the two entities may share corporate ownership.

Likely market impact

This is a board-level exit driven by a takeover, not a governance concern. Shareholders can expect further board reshuffling as the new acquirers install their own team, which is standard in change-of-control situations.