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An update from PPAP Automotive Limited ( (IN:PPAP) ) is now available.
PPAP Automotive Limited has announced an update regarding the previously disclosed resignation of non-executive independent director Ms. Celine George, effective April 13, 2026. The company reiterated that it had sought a formal confirmation from her that there were no material reasons for her resignation beyond those stated in her resignation letter.
Despite follow-up reminders, PPAP Automotive has not received this confirmation from Ms. George and stated it is unaware of any additional material reasons for her departure beyond what has already been disclosed to the exchanges. The company said it will inform the stock exchanges if and when such a confirmation is received, signaling ongoing compliance with SEBI’s disclosure requirements and maintaining transparency for investors.
More about PPAP Automotive Limited
PPAP Automotive Limited operates in the automotive components industry, supplying parts and systems to vehicle manufacturers in India. The company focuses on supporting automakers with specialized components, and its shares are listed on both BSE and the National Stock Exchange of India under the symbol PPAP.
Average Trading Volume: 1,778
Technical Sentiment Signal: Buy
Current Market Cap: 3B INR
For an in-depth examination of PPAP stock, go to TipRanks’ Overview page.