Directors Resign from Switching Technologies Gunther Ltd; Changes Reported
Switching Technologies Gunther Ltd confirmed the resignations of three directors, including a Managing Director and two others who cited personal reasons for stepping down. The company is scheduled to hold a board meeting on June 27, 2026, to address these changes.The resignations, effective as of June 20, 2026, concern Mr. C. Chandrachudan, Mr. K. Mani, and Mrs. Saimathy Soupramanien.
As per the detailed disclosures, the specific circumstances for each executive are outlined below:
| Director | Position Resigned | Reason for Change |
|---|---|---|
| Mr. C. Chandrachudan | Managing Director | He resigned but consented to continue as a Director of the Company. |
| Mr. K. Mani | Executive Director | Resignation due to personal reasons. |
| Mrs. Saimathy Soupramanien | Independent Director | Resignation due to personal reasons. |
In addition, details were provided concerning the commitments held by Mrs. Saimathy Soupramanien prior to her resignation as an independent director. She holds positions of independent directorship in three listed entities: R.K. Steel Manufacturing Company Ltd., Supreme Power Equipment Ltd., and CDR Infracon Limited.
Stock Price Movement
Switching Technologies Gunther Ltd shares closed in the red at ₹88.01 on Friday, pulling back 2.54% in post-market trading. Throughout the day, the shares traded within an intraday range established between a high of ₹94.00 and a low of ₹87.51.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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