Simplex Castings Announces Completion of Tenure for Independent Director Champak Kalyanji Dedhia
Simplex Castings Ltd has announced that Mr. Champak Kalyanji Dedhia, an independent director, completed his second term and ceased to be a member of the Board effective from July 31, 2026.The company conveyed its sincere appreciation for the valuable contributions, guidance, and services rendered by Mr. Dedhia during his association with Simplex Castings Ltd.
Mr. Champak Kalyanji Dedhia, who holds the DIN 00044969, completed his term as an Independent Director on July 31, 2026.
Details regarding Mr. Dedhia's directorship and board committee memberships prior to his cessation are provided below:
| Particular | Detail |
|---|---|
| Reason for Change | Completion of second term as an Independent Director |
| Cessation Date | Effective from the close of business hours of July 31, 2026 |
| Role | Non-Executive, Independent Director |
Prior to his departure, Mr. Dedhia held significant leadership roles within Simplex Castings Ltd's governance structure. As an independent director, he served as Chairman of multiple key committees, including the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee.
Stock Price Movement
As of 13:22, Simplex Castings Ltd. is ticking up at ₹101.30, after shares gained +2.32%. The stock has remained active intraday, moving between a low of ₹98.05 and a high of ₹103.40.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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