
Management Change30 Jul 2026, 01:18 pm
Medi Caps Directors Ramesh Chandra Mittal & Kusum Mittal Resign
AI Summary
Medi Caps Ltd has announced the resignation of two Non-Executive Directors, Mr. Ramesh Chandra Mittal and Mrs. Kusum Mittal. Mr. Mittal, who also served as Chairperson, and Mrs. Mittal have tendered their resignations effective August 6, 2026. The company stated that the reasons for their resignations are personal health concerns, as detailed in their respective letters. The Board of Directors has expressed appreciation for their contributions. The resignations will be formally considered and accepted at an upcoming Board Meeting.
Key Highlights
- Two Non-Executive Directors, including Chairperson, have resigned.
- Resignations are effective from August 6, 2026.
- Stated reasons for resignation are personal health concerns.
- Board acknowledges and appreciates directors' services.
- Formal acceptance pending upcoming Board Meeting.
Price Impact
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