Indo Farm Equipment's Whole-Time Director Charan Singh Saini Steps Down

1 min read     Updated on 28 Oct 2025, 06:34 PM
scanx
Reviewed by
Naman SharmaScanX News Team
Overview

Mr. Charan Singh Saini, Whole-Time Director of Indo Farm Equipment Limited, has resigned from his position effective October 28, 2025, citing personal reasons. The company has informed both BSE and NSE exchanges about this change in compliance with SEBI regulations. The impact of this departure on company operations is yet to be determined, and no information about a successor has been provided.

23202251

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

Indo Farm Equipment Limited has announced a significant change in its leadership. Mr. Charan Singh Saini, who held the position of Whole-Time Director, has tendered his resignation from the company, effective immediately from October 28, 2025.

Resignation Details

The company disclosed this development to both the BSE and NSE exchanges, adhering to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the official announcement, Mr. Saini cited personal reasons for his departure in his resignation letter.

Key Information

Particular Detail
Name Mr. Charan Singh Saini
DIN 06864826
Position Whole-Time Director
Effective Date of Resignation October 28, 2025
Reason for Resignation Personal reasons

Compliance and Disclosure

Indo Farm Equipment Limited has complied with the regulatory requirements by promptly informing the stock exchanges about this change in directorship. The company's Company Secretary and Compliance Officer, Navpreet Kaur, signed the official communication to the exchanges.

Impact and Next Steps

While the specific impact of Mr. Saini's departure on the company's operations remains to be seen, such changes in key management positions often lead to adjustments in company strategy and operations. Shareholders and market analysts will likely be watching closely for any further announcements regarding a potential replacement or restructuring of roles within the company's leadership team.

Indo Farm Equipment Limited has not provided any information about a successor for the position vacated by Mr. Saini. The company may address this in future communications to shareholders and the stock exchanges.

Stakeholders are advised to keep an eye on any further developments or statements from the company regarding its leadership structure and future plans.

Historical Stock Returns for Indo Farm Equipment

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%-8.84%+6.33%+55.57%-14.16%-14.16%
Indo Farm Equipment
View in Depthredirect
like20
dislike

Indo Farm Equipment Promoter Group Boosts Stake to 69.53%

1 min read     Updated on 26 Sept 2025, 07:40 PM
scanx
Reviewed by
Riya DeyScanX News Team
Overview

Indo Farm Equipment Limited reported a slight increase in promoter group shareholding. Mr. Shubham Khadwalia, a promoter group member, acquired 44,797 equity shares through open market purchases on September 25 and 26. This acquisition raised the promoter group's stake from 69.44% to 69.53% on a fully diluted basis. The company disclosed this information in compliance with SEBI regulations.

20441427

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

Indo Farm Equipment Limited , a prominent player in the agricultural machinery sector, has reported a slight increase in its promoter group shareholding. The company disclosed this information in a recent filing with the stock exchanges, highlighting changes in its ownership structure.

Promoter Group Acquisition

Mr. Shubham Khadwalia, a member of the promoter group of Indo Farm Equipment Limited, has recently acquired additional equity shares of the company through open market purchases. The transactions took place over two consecutive days:

Date Shares Acquired
September 25 30,000
September 26 14,797

In total, Mr. Khadwalia purchased 44,797 equity shares, demonstrating confidence in the company's prospects.

Impact on Shareholding Structure

As a result of these acquisitions, the aggregate shareholding of the Promoter and Promoter Group in Indo Farm Equipment Limited has seen a marginal increase. The company reported that the promoter group's stake has risen from 69.44% to 69.53% on a fully diluted basis.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indo Farm Equipment Limited promptly informed the stock exchanges about this change in shareholding. The disclosure was made to both the BSE Limited and the National Stock Exchange of India Limited.

Company Overview

Indo Farm Equipment Limited is known for its presence in the agricultural equipment manufacturing sector. The recent increase in promoter group shareholding may be seen as a positive signal by market participants, potentially indicating the promoters' faith in the company's future growth prospects.

Investors and market analysts will likely monitor any further changes in the company's shareholding pattern and its potential impact on the stock's performance in the coming days.

Historical Stock Returns for Indo Farm Equipment

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%-8.84%+6.33%+55.57%-14.16%-14.16%
Indo Farm Equipment
View in Depthredirect
like16
dislike
More News on Indo Farm Equipment
Explore Other Articles
234.94
-3.29
(-1.38%)