Frontier Springs has informed the stock exchanges about the demise of its Independent Director, Mr. Nimesh Mukerji, in a regulatory filing dated April 15, 2026. The company stated that it was intimated of his passing on April 14, 2026, due to cancer.
The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, which mandates listed entities to inform exchanges of key managerial and board-level changes. The company described the loss as irreparable and extended its condolences to the bereaved family, noting that directors and employees expressed deep sorrow over the development.
Mr. Mukerji served as an Independent Director on the board, contributing to governance oversight and board deliberations. As per the details shared in the annexure of the filing, his cessation from the board is effective April 14, 2026. The filing also noted that the reason for change in directorship falls under death, and no additional disclosures such as relationships between directors or appointment-related details were applicable in this case.
The company further indicated that Mr. Mukerji held directorships in two listed entities, though specific names were not disclosed in the filing. The intimation has been formally submitted to BSE, and the company has requested the exchange to take the information on record.
This development reflects a change in the company’s board composition, and any subsequent steps regarding board restructuring or replacement are expected to be communicated as per regulatory requirements.