KRBL share price crashes 13%. What’s behind the fall in small-cap agri stock? Explained
KRBL share price: Shares of agri-stock KRBL tumbled nearly 13% in early trade on Monday, September 15, slipping to the level last seen two months ago. The decline in KRBL shares followed the resignation of an independent director amid concerns over corporate governance.
KRBL share price hit the day’s low of ₹387.05 on the BSE, down 12.8% from its last closing price of ₹444.10 on Friday.
KRBL Independent Director Alleges Corp Governance Lapses
The small-cap company, in an exchange filing, informed that Anil Kumar Chaudhary, Independent Director, has resigned from his post with the date of cessation being September 8, 2025.
In his letter of resignation,…