Aimco Pesticides Mourns Sudden Loss of Promoter and Whole-Time Director Elizabeth Chandraprakash Shrivastava

Aimco Pesticides announced the unexpected passing of Mrs. Elizabeth Chandraprakash Shrivastava, a key figure in the company's leadership, on September 4, 2025. Mrs. Shrivastava, who served as a Promoter and Whole-Time Director, was an integral part of the organization's management team.

Sudden Departure

The company informed the Bombay Stock Exchange (BSE) of Mrs. Shrivastava's demise through a regulatory filing, describing her passing as "sudden and unexpected." Aimco Pesticides expressed that her loss would be irreparable to the organization, highlighting the significant role she played in the company's operations and strategic direction.

Regulatory Implications

Following Mrs. Shrivastava's passing, Aimco Pesticides noted that she would cease to be part of the promoter/promoter group in accordance with Regulation 31A (6) (c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This change in the promoter group structure could have implications for the company's ownership and control dynamics.

Company's Response

In the official communication to the BSE, Reema Manoj Vara, Company Secretary and Compliance Officer of Aimco Pesticides, conveyed deep sympathy, sorrow, and condolences to Mrs. Shrivastava's family on behalf of all directors and employees of the company. The statement underscored the profound impact of her loss on the Aimco Pesticides community.

Leadership Transition

While the company has not yet announced any immediate plans for succession or changes in the board structure, the unexpected nature of Mrs. Shrivastava's passing may prompt Aimco Pesticides to address leadership transitions in the near future.

As the pesticide industry continues to evolve, Aimco Pesticides will face the challenge of navigating this significant loss while maintaining its operational momentum and strategic direction. Stakeholders will likely be watching closely for any updates on how the company plans to address this leadership void and ensure continuity in its business operations.