N. B. I. Industrial Finance Co. Ltd. | Symbol: NBIFIN — Title: Intimation of Demise of Chairman & Non-Executive Director
This document is an intimation to the National Stock Exchange of India Ltd. regarding the demise of Shri Ashok Bhandari (DIN: 00012210), the Chairman and Non-Executive Director of N. B. I. Industrial Finance Co. Ltd.
Key Details
- Deceased Individual: Shri Ashok Bhandari, Chairman and Non-Executive Director (DIN: 00012210).
- Date of Demise/Intimation: The company was intimated of his demise on August 03, 2026. The date of cessation is also August 03, 2026.
- Regulatory Reference: The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015.
- Board & Committee Roles: With his demise, Shri Ashok Bhandari has ceased to be the Chairman and a Non-Executive Director of the company. The annexure confirms he held no other directorships in any listed entities.
- Company Impact: The company describes his unexpected demise as "an irreparable loss." All Directors and employees have expressed their deep sympathy, sorrow, and condolences to his family.
Communication
This is a formal regulatory compliance communication. The tone is solemn and expresses condolences, in line with the unfortunate event.