NewsKMS Medisurgi Independent Director Mr. Pratik Pravin Tarpara Steps Down After Completion of First TermKMS Medisurgi Independent Director Mr. Pratik Pravin Tarpara Steps Down After Completion of First Term
KMS Medisurgi Limited has disclosed the cessation of Mr. Pratik Pravin Tarpara (DIN-08689556) as Independent Director, effective 30th September 2025, upon completion of his first term of appointment. The filing was made under Regulation 30 of the SEBI Listing Regulations. Mr. Tarpara held no directorships in other listed companies, and there are no board committee updates arising from the change. The Board acknowledged his contributions and guidance during his tenure.
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KMS Medisurgi Limited has informed stock exchanges of the cessation of Mr. Pratik Pravin Tarpara (DIN-08689556) as an Independent Director of the company, effective 30th September 2025. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Tarpara's departure follows the completion of his first term of appointment as an Independent Director.
Director Cessation Details
The company filed the disclosure in compliance with Clause 7 of Para A of Part A of Schedule III of the SEBI Listing Regulations, read with the SEBI Circular dated 13 July 2023, and the SEBI master circular dated November 11, 2024. The key details pertaining to the cessation are outlined below:
| Parameter: | Details |
|---|---|
| Name of Director: | Mr. Pratik Pravin Tarpara |
| DIN: | 08689556 |
| Reason for Cessation: | Completion of first term of appointment as Independent Director |
| Date of Cessation: | 30th September 2025 |
| Directorship in Other Listed Companies: | Nil |
| Board Committee Update: | Nil |
| Relationship Between Directors: | Not Applicable |
Board Acknowledgement
The Board of Directors and Management of KMS Medisurgi placed on record their deep appreciation for the invaluable contributions, guidance, and services rendered by Mr. Pratik Pravin Tarpara during his tenure as an Independent Director. The disclosure was signed by Siddharth Kanakia, Managing Director (DIN: 07595098), on behalf of the company from Mumbai.
Historical Stock Returns for KMS Medisurgi
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +272.06% |
Who will KMS Medisurgi appoint as a replacement Independent Director, and how might the new appointment affect the board's composition and governance structure?
How will the departure of Mr. Tarpara impact the quorum and functioning of key board committees such as the Audit or Nomination & Remuneration Committee at KMS Medisurgi?
Given the regulatory requirement for a minimum number of Independent Directors under SEBI norms, what is the timeline within which KMS Medisurgi must fill this vacancy to remain compliant?
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