Intimation of Resignation of Mrs. Rashmi Mahajan Whole Time Director is enclosed

Kmp ResignedManagement Changes View source PDF Explain this filing

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₹19.75

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Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+1.4% vs market

Other Textile Products peers, median of 178sector-0.1%+1.4% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.4 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mrs. Rashmi Mahajan (DIN: 00007538) has resigned from her position as Director and Whole Time Director of Uniroyal Industries Ltd, effective 1 March 2026. She cited personal reasons and pre-occupations as the cause. The communication was made under SEBI LODR Regulation 30. Akhil Mahajan, Executive Director, signed the intimation on behalf of the company. The filing template references Independent Directors, though the content identifies her as a Whole Time Director.

Likely market impact

A Whole Time Director is a Key Managerial Personnel, so this is a senior-level exit that may create a short-term leadership gap. Since the reason is personal and not performance- or governance-related, the impact on shareholders is likely limited unless a replacement is not announced promptly.