Key Details
- Deceased Director: Mr. Shankar Lal Bajaj (DIN: 00619282), Independent Director
- Date of Demise: 21st August 2026
- Date of Company Intimation: 26th August 2026
- Date of Disclosure: 26th August 2026
Disclosure Timeline
The Company received formal intimation regarding the demise only on 26th August 2026 and made the disclosure immediately upon receipt. The delay in disclosure was attributed to the Company not being aware of the demise until that date.
Board Composition Impact
Mr. Shankar Lal Bajaj ceased to be a Director of the Company with effect from 21st August 2026, the date of his demise.
Board Response
The Board of Directors and management placed on record their deep condolences and acknowledged Mr. Bajaj's valuable contribution and guidance during his tenure as Independent Director.
Compliance Commitment
The Company regrets the delay and assures that necessary measures will be taken to ensure timely compliance with applicable disclosure requirements. The resultant vacancy will be filled within the stipulated time as permissible under law.