Hindustan Everest Tools, a leading manufacturer and exporters of Quality Hand Tools in India on March 4 announced the resignation of Amitav as an Independent Director of the Company with effect from Mar.03, 2021.

The Company stated that the reason for the retirement is due to preoccupation.

Further, the Company has received confirmation from Amitav that there are no other material reasons for his resignation from the Directorship of the Company.

He also took the opportunity to thank all the Board Members for their support and cooperation during his tenure as Director of the Company.

 Shares of the company declined Rs 0.25, or 0.15%, to settle at  Rs 169.05.  The total volume of shares traded  was  607 at the BSE (Thursday).