Management Change26 Aug 2026, 08:10 pm
Acknit Industries Director Mr. Shankar Lal Bajaj Passes Away
AI Summary
Acknit Industries Ltd. has announced the sad demise of its Independent Director, Mr. Shankar Lal Bajaj (DIN:00619282), who passed away on August 21, 2026. The company received formal intimation of his passing on August 26, 2026, and made the disclosure immediately thereafter, explaining the delay was due to lack of prior awareness. Consequently, Mr. Bajaj ceased to be a Director effective August 21, 2026. The Board expressed condolences and acknowledged his contributions. The company assures measures will be taken for timely compliance, and the resulting vacancy will be filled within the legal timeframe.
Key Highlights
- Independent Director Mr. Shankar Lal Bajaj passed away on August 21, 2026.
- Company disclosed the demise on August 26, 2026, citing delayed notification.
- Mr. Bajaj ceased to be a Director effective August 21, 2026.
- The company will fill the resultant vacancy within the stipulated time.
- Board acknowledges Mr. Bajaj's valuable contribution and guidance.
Price Impact
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