Three independent directors have resigned since November 22 amid allegations of mis-governance at the company. Independent directors Jayant Gokhale and Devendra Saksena resigned on December 2 while Sushama Nath resigned on November 22 after the release of the audit report earlier in the month.
Honeywell Aerospace shares plunge 26% as supply woes trigger forecast cuts
Honeywell Aerospace shares dropped significantly after supply-chain problems impacted sales targets. The company lowered its annual sales growth outlook for 2026 significantly. Analysts expressed concern