Pasupati Spinning & Weaving Mills Ltd Announces Resignation of Independent Director
Pasupati Spinning & Weaving Mills Ltd has announced the resignation of Mr. Umesh Chandra Tripathi from the board. The resignation, effective June 13, 2026, was tendered due to personal reasons.Following his departure, Mr. Tripathi will cease to be a member of both the Audit Committee and the Nomination and Remuneration Committee of Pasupati Spinning & Weaving Mills Ltd.
The company confirmed that all necessary details regarding this change were documented. Mr. Tripathi's tenure is ending with the close of business hours on June 13, 2026.
Details concerning the resignation and associated disclosures are as follows:
| Particulars | Description |
|---|---|
| Reason for Change | Resignation of Mr. Umesh Chandra Tripathi (DIN: 08364163) as an Independent Director. |
| Cessation Date | Closing of business hours on June 13, 2026. |
| Other Directorships | Nil |
Mr. Tripathi's resignation letter confirmed that there were no other material reasons for his departure and affirmed that he held no directorships in any other listed entities as of the date of his resignation.
Stock Price Movement
Pasupati Spinning & Weaving Mills Ltd settled at ₹28.78 on Friday, charting a gain of 5.00%.The shares were trading completely flat all day, as the intraday high and low remained locked at ₹28.78.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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