Kriti Industries India Ltd Announces Departure of Independent Director Due to Tenure Completion
Kriti Industries India Ltd announced on May 12, 2026, the cessation of Shri Chandrasekharan Bhaskar as a Non-Executive Independent Director. The director's tenure concluded following the completion of two consecutive terms of five years each.Shri Chandrasekharan Bhaskar (DIN: 00003343) shall cease to hold the position of Independent Director with effect from May 12, 2026. His service concluded after two consecutive terms of five years, with his final date of service being May 11, 2026.
The company provided detailed information regarding the director's retirement, outlining the specific circumstances and dates related to his service.
The key particulars concerning Shri Chandrasekharan Bhaskar's retirement as Independent Director are detailed below:
| Particulars | Details |
|---|---|
| Reason for change | Cessation of Shri Chandrasekharan Bhaskar (DIN: 00003343) as Non-Executive Independent Director of the Company due to completion of tenure upon completion of two consecutive terms of 5 years each. |
| Date of cessation | Cessation with effect from May 12, 2026, upon completion of tenure. |
| Brief profile | Not Applicable |
| Disclosure of relationships | Not Applicable |
KRITI Stock Price Movement
As of 1:04 PM, shares of Kriti Industries (India) Limited are shedding 1.49% in live trading, currently finding support at ₹85.20. The stock has seen 6,365 shares traded in the session so far, indicating cautious movement in the mid-afternoon market.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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