Presstonic Engineering promoter H. Chandrasekhar Kedilaya passes away
Presstonic Engineering announced the demise of promoter group member H. Chandrasekhar Kedilaya on June 21, 2026. He held 1,000 equity shares as of the date of his death. Consequently, he ceases to be part of the promoter group under SEBI regulations.

*this image is generated using AI for illustrative purposes only.
presstonic engineering announced the demise of its promoter group member, H. Chandrasekhar Kedilaya, on June 21, 2026. The company intimated the stock exchanges regarding this development on June 26, 2026. Kedilaya held 1,000 equity shares in the company as on the date of his death.
Following his demise, Kedilaya ceases to be a part of the promoter group of the company. This change occurs automatically in accordance with the provisions of Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure was made in compliance with Regulation 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was submitted by Herga Poornachandra Kedilaya, Managing Director of Presstonic Engineering Limited.
Details of the Promoter Group Member
| Particulars | Details |
|---|---|
| Name | H. Chandrasekhar Kedilaya |
| Category | Promoter Group |
| Date of Demise | June 21, 2026 |
| Shareholding | 1,000 equity shares |
Historical Stock Returns for Presstonic Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.51% | -5.03% | -13.97% | -52.90% | -71.07% | -80.10% |
Who will inherit H. Chandrasekhar Kedilaya's 1,000 equity shares, and will they join the promoter group?
Will the reduction in the promoter group size impact the company's governance structure or strategic decisions?
Are there any anticipated changes in the company's leadership or board composition following this development?


























