Alkali Metals Independent Director resigns citing health reasons

1 min read Updated on 10 Jun 2026, 12:38 AM

Reviewed by

Suketu GScanX News Team

AI Summary

Alkali Metals Limited announced the resignation of Independent Director Mr. Murali Krishna Chevuturi effective June 8, 2026, citing health reasons and recovery from major surgery. The company confirmed there are no other material reasons for his resignation, and he has ceased to be a member of key board committees including Audit and Nomination and Remuneration.

*this image is generated using AI for illustrative purposes only.

Alkali Metals Limited announced that Independent Director Mr. Murali Krishna Chevuturi resigned from his position effective June 8, 2026, due to health reasons. The resignation was submitted under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Chevuturi confirmed that there are no other material reasons for his departure aside from the health issues stated in his resignation letter.

Mr. Murali Krishna Chevuturi was appointed as an Independent Director at the Annual General Meeting held on August 21, 2024. In his resignation letter, he cited a critical health issue diagnosed in October 2025, which required major surgery, noting that he is still recovering and finds it stressful to discharge his duties.

Consequently, Mr. Murali Krishna Chevuturi has ceased to be a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee of the company. The Board of Directors acknowledged his contributions during his tenure.

Committee Membership Changes

The resignation resulted in the cessation of Mr. Chevuturi’s roles across key board committees:

Committee Name	Status
Audit Committee	Ceased to be a member
Nomination and Remuneration Committee	Ceased to be a member
Stakeholders Relationship Committee	Ceased to be a member

Other Directorships

Disclosures provided to the exchanges indicate that Mr. Chevuturi holds the position of Independent Director in TCI Express Ltd. In this capacity, he serves as the Chairman of the Audit Committee and is a Member of the Nomination and Remuneration Committee.

Historical Stock Returns for Alkali Metals

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.25%	-0.05%	-5.13%	+5.02%	-16.52%	+16.08%

Who will Alkali Metals appoint to fill the vacancies in the Audit and Nomination committees?

Will Mr. Chevuturi's health issues impact his continued role as Independent Director at TCI Express Ltd?

How will the sudden departure of an Independent Director affect the company's near-term governance stability?

Read Next Article

Alkali Metals fixes record date for dividend at 58th AGM

0 min read Updated on 30 May 2026, 09:57 AM

Reviewed by

Naman SScanX News Team

Add as a preferred
source on Google

AI Summary

Alkali Metals Limited announced that its Board, during the 271st meeting on May 26, 2026, fixed August 14, 2026, as the record date to identify shareholders eligible for a dividend if declared at the 58th AGM scheduled for August 21, 2026.

*this image is generated using AI for illustrative purposes only.

Alkali Metals Limited has fixed August 14, 2026, as the record date to determine shareholder eligibility for any dividend declared at its 58th Annual General Meeting (AGM). The AGM is scheduled to be held on August 21, 2026. The Board of Directors approved the decision to convene the meeting and fix the record date during its 271st meeting held on May 26, 2026.

The regulatory filing submitted to the National Stock Exchange of India and BSE Limited was signed by Siddharth Dubey, Company Secretary & Compliance Officer. The company, headquartered in Hyderabad, manufactures sodium amide, sodium alkoxides, and other fine chemicals, operating with ISO 9001 and 14001 certifications.