Demise of Independent Director Intimated to the Exchanges
Ceeta Industries Ltd has informed the exchanges about the sudden and sad demise of Mr Bal Krishna Bhalotia, an Independent Director of the Company.
- Date of intimation to exchanges
- October 03, 2026
- Date of demise recorded
- October 01, 2026
- Serving as Independent Director since
- August 14, 2019
- Change in board recorded as
- Death
What the company informed the exchanges
Ceeta Industries Ltd has informed the exchanges about the sudden and sad demise of Mr Bal Krishna Bhalotia (DIN: 00049850), who was an Independent Director of the Company.
The intimation states that the Company was informed on October 03, 2026 about his demise on October 01, 2026. He had been serving as an Independent Director of the Company since August 14, 2019, and the update says he played a significant role in the strategic growth and governance of the Company.
The Company has said all the Directors and employees express their deep sympathy, sorrow and condolences to his family.
What the update records for the change
- Name: Mr Bal Krishna Bhalotia (DIN: 00049850)
- Reason for the change: Death
- Date recorded in the Annexure: October 01, 2026
- The Annexure notes that a brief profile and disclosure of relationships between directors are not applicable, these being relevant in the case of an appointment of a director
The update also states that the details required under the listing regulations, read with the SEBI circular dated January 30, 2026, are enclosed as an Annexure.
How an investor can read this
This is an intimation of a change in the composition of the board of the Company. An Independent Director is part of the board and of the committees the board forms, so a change in that position is a governance-related update that the Company is required to bring to the notice of the exchanges.
The update is an announcement about a person and an office, and it carries no financial, operational or business results of the Company. Nothing in it changes any figure a shareholder would use to judge the Company's earnings, assets or liabilities.
What to note
- The disclosure is about a change in the board, recorded under the reason "Death".
- The update does not restate the size of the board or the committees on which he served.
- Any further steps relating to the board composition will come to investors through separate updates, if and when the Company makes them.
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