Arvind Kumar Mehta Resigns from Prataap Snacks Limited as Chairman and Executive Director
Prataap Snacks Limited has confirmed the resignation of Mr. Arvind Kumar Mehta from his roles as Chairman and Executive Director of the company. The cessation of Mr. Mehta's duties was effective from July 31, 2026.Consequent to his resignation, Mr. Mehta will also cease to be a member of several key committees within the Board of Directors. These include the Nomination and Remuneration Committee, the Stakeholders' Relationship Committee, and the Corporate Social Responsibility Committee. The company stated that these committees will be reconstituted in due course to adhere to applicable regulations.
The Board of Directors of Prataap Snacks Limited acknowledged Mr. Mehta's contributions, expressing sincere appreciation for his guidance, leadership, strategic vision, and support during his tenure with the organization. The Board noted that the Company immensely benefited from his extensive experience while he served as Chairman and Executive Director.
Mr. Mehta confirmed that his resignation was due to personal reasons, confirming there were no other material causes behind his decision.
Key details regarding Mr. Arvind Kumar Mehta's exit from Prataap Snacks Limited are summarized below:
| Role | Date of Cessation | Reason for Resignation |
|---|---|---|
| Chairman and Executive Director | July 31, 2026 | Personal reason |
The Board noted that the Company benefited significantly from his commitment and experience during his time with the organization.
DIAMONDYD Stock Price Movement
On Friday, Prataap Snacks Limited shares edged higher to close at ₹1159.5, successfully capturing a 3.08% gain. The stock concluded the session with a total traded volume of 19,008 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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