SEPC Ltd Announces Resignation of Independent Director Dr. Ashutosh Karnatak
SEPC Limited has confirmed the resignation of Dr. Ashutosh Karnatak from his position as an Additional Director in the capacity of Non-Executive, Independent Director. The cessation occurred with effect from June 24, 2026.The company released details regarding this change following the director's departure. Dr. Ashutosh Karnatak tendered his resignation citing personal reasons and other professional commitments.
As per the detailed information provided, the resignation of Dr. Karnatak is due to these stated reasons. He confirmed that there are no material reasons for his resignation beyond those mentioned in his letter.
During his tenure, Dr. Karnatak held directorships in listed entities. Specifically, he served as an Independent Director at Jindal Saw Limited. His membership of board committees in listed companies was reported as NIL.
SEPC Stock Price Movement
On Thursday, shares of SEPC Limited shed 2.94% to settle at ₹6.59 after trading finished amid heavy activity. The equity saw a volume of 70.37 million shares, having dipped close to its daily low of ₹6.48.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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