Nominee Director of joint venture resigns; also ceases to be Senior Management Personnel
Quality Power Electrical Equipments Ltd said Mr Ashish Kumar Bhardwaj (DIN: 11489538), Nominee Director of joint venture Sukrut Electric Company Private Limited.
By ScoutQuest · · 1 min read
- DIN
- 11489538
- Roles vacated
- Nominee Director, Joint Managing Director and Chief Marketing Officer (CMO) of Sukrut Electric Company Private Limited
- Effective date of acceptance
- close of business hours of 6th November 2026
What the company told the exchanges
Quality Power Electrical Equipments Ltd has intimated that Mr Ashish Kumar Bhardwaj (DIN: 11489538) has tendered his resignation as Nominee Director of Sukrut Electric Company Private Limited, described in the update as a joint venture company of the Company.
His roles in the joint venture
- He was Nominee Director of Sukrut.
- He also tendered his resignation from the positions of Joint Managing Director and Chief Marketing Officer (CMO) of Sukrut.
Timing
- The resignation has been accepted with effect from close of the business hours of 6th November 2026.
Impact on his role at the listed company
- In view of the above, Mr Ashish Kumar Bhardwaj shall also cease to be identified as Senior Management Personnel (SMP) of the Company.
How to read this
- The change is at the level of the joint venture's nominee director and its Joint Managing Director and CMO, and it also ends his identification as SMP of the listed company.
- The update states the resignation and the effective date; it does not set out a reason for the resignation.
- The company has said the information will be uploaded on its website, www.qualitypower.com.
What a retail investor can take away
- This is a personnel update. The update gives the name, the roles vacated and the effective date of acceptance.
- No financial amounts, shareholding figures or business numbers are part of this intimation.
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