Hexagon Nutrition Limited Board Sees Two Directors Resign Following Share Divestment
Hexagon Nutrition Limited announced that two of its directors had resigned from the company's board, effective July 6, 2026. The resignations followed the completion of share divestment by both individuals in relation to a recent IPO.The departing members are Mr. Subhash Purushottam Kelkar, Executive Director, and Mr. Aditya Kelkar, Non-Executive Director. Both stated that their departure was deemed appropriate as they no longer held any shares in the company after fully exiting through the divestment process.
Hexagon Nutrition Limited expressed sincere appreciation for the contributions of both directors during their tenure with the organization.
The details regarding the changes and the individuals concerned are summarized below:
| Director Name | Designation | Resignation Date | Reason for Change |
|---|---|---|---|
| Mr. Subhash Purushottam Kelkar | Executive Director | July 6, 2026 | Resigned following complete divestment of shareholding in the company. |
| Mr. Aditya Kelkar | Non-Executive Director | July 6, 2026 | Resigned following completed divestment of shareholding in the company. |
In their resignation letters, both directors confirmed that they would continue to be bound by and comply with the terms and conditions of the Non-Compete Agreement, which was executed with the company on April 20, 2026.
The executives offered gratitude to the board and the management team for the trust and support extended during their tenure at Hexagon Nutrition Limited.
HEXAGON Stock Price Movement
As of 11:45 AM, shares of Hexagon Nutrition Limited are shedding 1.1% in live trading, currently slipping to ₹70.22 after falling by ₹0.78. The equity sees significant activity, with a total traded volume reaching 579,949 shares this morning.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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