BSEZodiac-JRD-MKJ LtdMediumNegative
Announced Mon, 29 Sept · 16:44 IST

Resignation of Independent Director

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Jitendra Kanhaiyalal Purohit (DIN: 08661712) has resigned from the post of Non-Executive Independent Director of Zodiac-JRD-MKJ Ltd, effective from the close of business hours on 29th September 2025. The reason cited is personal reasons and other professional commitments. He confirmed there are no other material reasons behind his resignation. The disclosure has been made under SEBI LODR Regulation 30 along with Schedule III, and his resignation letter is attached. The company will now need to fill the vacant independent director position to comply with SEBI board composition requirements.

Likely market impact

This is a routine board-level change with no material business impact disclosed. However, the company will need to appoint a new independent director within the stipulated timeframe to maintain statutory board composition, failing which it could attract regulatory attention.