The company describes Mr. Gupta's unexpected demise as an irreparable loss. The Board of Directors and employees have conveyed their deepest condolences and heartfelt sympathies to the bereaved family.
Next Steps
The Company proposes to convene a meeting of the Board of Directors after the completion of the cremation rituals to consider and decide upon the election of a Pro Tem Chairman. This interim arrangement will facilitate the necessary management of the Company's affairs. The outcome of this meeting will be duly communicated to the Stock Exchange in accordance with applicable SEBI Listing Regulations provisions.
Regulatory Compliance Details
The disclosure includes required particulars under Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015:
- Name: S K Gupta (DIN: 00248760)
- Reason for change: Death
- Profile disclosure: Not Applicable
- Relationship disclosure: Not Applicable
- Other directorships: Mr. Gupta held the position of Chairman & Managing Director at Prima Agro Limited