ZENITH EXPORTS LIMITED has informed the Exchange about Resignation of Independent director.
ZENITHEXPO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 1.4 pts more than its Leather And Leather Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mr. Subhajeet Kar has resigned as an Independent Director of Zenith Exports Limited with immediate effect from 19 March 2026. He cited personal reasons for stepping down and confirmed there are no other material reasons behind his exit. The company has been asked to file the necessary forms with the Registrar of Companies (Kolkata) and other regulatory authorities. The resignation creates a vacancy on the board that the company will need to fill within the timelines prescribed under SEBI LODR and Companies Act regulations.
This is a single independent director resignation due to personal reasons with no governance concerns flagged, so the immediate impact on the stock is likely limited. Shareholders should watch for timely appointment of a replacement independent director to ensure the board remains compliant with composition norms.