Hindustan Aeronautics Ltd Reports Resignation of Independent Director
Hindustan Aeronautics Ltd announced the resignation of Independent Director Dr. S D Premkumar. The resignation was tendered by Dr. Premkumar via email dated April 5, 2026.Dr. S D Premkumar stepped down from the role of Independent Director of Hindustan Aeronautics Limited (HAL). In his correspondence, Dr. Premkumar stated that the decision was prompted by his intention to contest in the upcoming Tamil Nadu elections, necessitating his full focus and commitment.
The company noted that Dr. Premkumar does not hold directorship in any other company.
The resignation notice detailed the following key points:
- Director Resigning: Dr. S D Premkumar (Independent Director)
- Date of Resignation Notice: April 5, 2026
- Reason Cited: Intention to contest in the upcoming Tamil Nadu elections.
Dr. Premkumar expressed gratitude for the opportunity to serve HAL and contributing to the company's growth and success, while committing to ensuring a smooth transition during this period.
HAL Stock Price Movement
In today's trade, Hindustan Aeronautics Limited shares are currently trading at ₹3741.1, showing a gain of 1.47%. The stock is currently trading between ₹3661 and ₹3748.5, with moderate activity on the board.Source:
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