Empower India Ltd Board Meeting Approves Resignation of Managing Director and CFO
The Board of Directors of Empower India Ltd held a meeting on Thursday, April 9, 2026. During this meeting, the Board considered and approved the resignation of Mr. Rajgopalan Iyengar from the roles of Managing Director and Chief Financial Officer.Mr. Rajgopalan Iyengar submitted his resignation, effective from April 8, 2026. The stated reason for his departure was due to medical reasons requiring his immediate and complete attention.
The details concerning this change in leadership are summarized below:
| Particulars | Details |
|---|---|
| Reason for Change | Due to medical reasons |
| Date of Cessation | Closure of business hours on 08 th April 2026 |
| Directorships in Other Listed Entities | NIL |
Mr. Rajgopalan Iyengar confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter.
The Board meeting commenced at 4:30 PM and concluded at 5:00 PM on April 9, 2026.
Stock Price Movement
At the close of trade Thursday, Empower India Ltd settled at ₹1.24, registering a decline of -2.36%. Throughout the session, the shares ranged from an intraday low of ₹1.20 up to a high of ₹1.35.Source:
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