BSEYash Chemex LtdMediumNeutral
Announced Wed, 8 Apr · 12:02 IST

We are Submitting herewith Disclosure under Regulation of SEBI(LODR), Regulations 2015 - Retirement of Independent Director.

Management Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹53.51
prior close
₹53.29
base price
In-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.2+5.1-3.7-3.3-5.2-1.2-2.2+0.5+5.2+6.1-11.8-2.0
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AI summary

Yash Chemex Limited has informed the stock exchange that Mrs. Angee Rajendrakumar Shah (DIN: 07486980), a Non-Executive Independent Director, ceased to be on the Board with effect from close of business hours on April 8, 2026, upon completing her second consecutive term as an Independent Director. This is a routine, scheduled end-of-term retirement and not a sudden resignation. After her exit, the Board will continue to have five members, including three Non-Executive Independent Directors (Mr. Rushabh Shah, Mr. Dhanik Mehta, and Mr. Bhaveshkumar Shah), keeping the company compliant with SEBI's independent director composition requirements. The two executive directors are promoters — Mr. Pritesh Shah (Managing Director) and Mrs. Dimple Shah (Whole-Time Director).

Likely market impact

This is a routine governance event with no expected impact on operations or stock price. The company still meets the minimum independent director requirement, and no replacement appointment has been announced yet, which investors should watch for.