Krbl limited shares Tumbled Nearly 10 per cent on Monday morning, trading at ₹ 400.60 on the Nse at 11:43 AM, Down ₹ 43.50 from the Previous Close of ₹ 444.10. The stock opened at ₹ 406 and Hit a high of ₹ 413.90 before declining to a low of ₹ 387.10.

The sharp decline is followed the resignation of independent Director Anil Kumar Chaudhary, Who Cited Serious Corporate Governance Concerns in his Resignation Letter Dater Dater Dater Dater Dated September 8, 2025. Stock exchanges about the resignation on September 13.

In his Resignation Letter, Chaudhary Outlined Multiple Governance Issues Including Inconsistencies in Recording Board Meeting Minutes, Information being withheld from Directors, UNJUST WRITEST WRTEST WRITEST WRITEST WRITESTERS Export receivables, Concerns Over CSR Fund Usage, and Arbitrary Distribution of Variable Pay. He also flagged significant changes to the company’s object clause without proper discussion and undue interference by invites in board proceedings.

Chaudhary stated he could no longer meaningfully contribute to the board’s functioning and found the prevailing dynamics inconsistent with effective governance princesses. He confirmed there was no material reasons for his resultation beyond these mentioned in his letter.

The stock showed Heavy Selling Pressure with Traded Volume Reaching 65.91 Lakh Shares Worth ₹ 264.34 Crore. KRBL’s Market Capitalization Stood at ₹ 9,113.25 Crore, with deeliveable quantity at 39.69 per cent of total trades, indicating significor investor CONCERN Over the Governance Over the Governance.

Published on September 15, 2025