Alkali Metals independent director resigns due to health reasons
Alkali Metals Limited announced the resignation of Independent Director Mr. Murali Krishna Chevuturi effective June 8, 2026, due to health reasons. Consequently, he ceased to be a member of the Audit, Nomination and Remuneration, and Stakeholders Relationship Committees. The Board of Directors acknowledged his contributions during his tenure.

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Alkali Metals Limited announced on June 8, 2026, that Independent Director Mr. Murali Krishna Chevuturi resigned from his position effective immediately due to health reasons. The resignation, tendered via a letter dated June 8, 2026, was submitted under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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 |
The company confirmed that the resignation took effect at the close of business hours on June 8, 2026.
Historical Stock Returns for Alkali Metals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.20% | -7.56% | +33.13% | +14.55% | -12.09% | +17.22% |
Who will Alkali Metals Limited appoint as a replacement Independent Director to fill the vacancy left by Mr. Chevuturi, and what timeline is the board considering for this appointment?
How will the simultaneous vacancy across three key committees — Audit, Nomination and Remuneration, and Stakeholders Relationship — impact Alkali Metals Limited's regulatory compliance with SEBI's minimum committee composition requirements?
Could the loss of an Independent Director affect investor confidence in Alkali Metals Limited's corporate governance standards, and how might this influence the company's stock performance in the near term?


































