KRBL Shares Plunge on Director’s Resignation Over Governance Concerns

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KRBL fell over 9% on September 15 after independent director Anil Kumar Chaudhary resigned citing governance lapses, including suppressed dissent, withheld information, unjust write-offs, CSR misuse, and undue interference in board matters. His exit unsettled investors despite KRBL’s strong financial performance this year with 98% YoY export growth.