Non-Executive Director Ketki Mahendra Save Resigns from Confidence Petroleum India Ltd

Non-Executive Director Ketki Mahendra Save Resigns from Confidence Petroleum India Ltd

Non-Executive Director Ketki Mahendra Save Resigns from Confidence Petroleum India Ltd​

Confidence Petroleum India Limited announced that Mrs. Ketki Mahendra Save has resigned from her post as a Non-Executive Non-Independent Director, effective June 4, 2026. The resignation was attributed to preoccupation with other activities.

In addition to the directorship, Mrs. Save ceased being a member of several key committees within the company. These roles include the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Risk Management Committee, CSR Committee, and Management Committee.

The details regarding her cessation as a Non-Executive Non-Independent Director are summarized below:

ParticularsDetail
NameMrs. Ketki Mahendra Save (DIN: 07171129)
Reason for ChangeResignation as an Non-Executive Non-Independent Director with effect from June 4, 2026.
Date of CessationThe company notes that Mrs. Ketki Mahendra Save ceased to be the Non-Executive Non-Independent Director effective June 4, 2026.

The company noted that she confirmed there were no material reasons for her resignation other than those stated in her resignation letter.

CONFIPET Stock Price Movement​

As of 2:43 PM, shares of Confidence Petroleum India Limited are shedding value, slipping 1.03% in live trading to trade at ₹76.00 as intraday volume clocks in at 6.47 million shares. The equity has demonstrated significant volatility during the session and previously hit its annual high of ₹80.57.
 

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