Ajel Limited submitted a regulatory disclosure to BSE Limited regarding the outcome of its Board Meeting held on 02nd July 2026.
The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, accepted the resignation of Mr. Mariya Sharivn Jeffrey Loorthuraj (DIN: 09253546) from his position as Additional Director of the Company. The resignation was tendered due to personal preoccupations and became effective from the conclusion of the Board Meeting held on 03rd July 2026.
The company confirmed that it received confirmation from Mr. Loorthuraj that there are no other material reasons for his resignation beyond those stated in his resignation letter.
Following this resignation, the company provided an updated list of directors effective 03rd July 2026:
- Mr. Srinivasa Reddy Arikatla (DIN: 01673552) - Chairman & Managing Director
- Mrs. Harshana Antharaji (DIN: 07466984) - Wholetime Director & CFO
- Mr. Rama Rao Madasu (DIN: 01954086) - Non-Executive Independent Director
- Mr. Venkata Stayanarayana Reddy Chintakuntla (DIN: 08582621) - Non-Executive Independent Director
- Mrs. Usha Rani Kanteti (DIN: 11351876) - Independent Director
- Mr. Lakshmi Narayan Vuppuluri (DIN: 05263132) - Independent Director
The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015.