Key Event: Resignation of Director

Mr. Ajay S. Patil (DIN: 01217000) resigned from the office of Independent Director of Alicon Castalloy Limited. The resignation was effective from the close of business on 13th August, 2026.

Reason for Resignation

The stated reason for resignation, as per the director's letter, is due to his "existing professional and personal commitments, which are going forward expected to increase and require significantly greater time and attention." Mr. Patil also stated that his role demanded substantial involvement which he may not be able to devote. He confirmed there were no other material reasons for his resignation.

Regulatory Context and Filing Details

The submission is made:

  • In reference to a prior corporate announcement submitted by the company on 13-Aug-2026 regarding the change in directorate.
  • In response to a communication from the BSE seeking additional details.
  • With reference to SEBI Circular No. HO/49/14//14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.

The company disclosed that the initial filing on 13-Aug-2026 was made without attaching the resignation letter due to an inadvertent omission. This letter is a subsequent submission to rectify that omission.

Company Details and Signatory

The letter is addressed to BSE Limited at its Dalal Street, Mumbai address. It is signed by Sneha Upendra Shukla, identified as the Company Secretary & Compliance Officer for Alicon Castalloy Limited. The company's registered office is at Survey No. 1426, Village Shikrapur, Taluka, Shirur, Pune - 412208, Maharashtra.

Document Timeline

  • Resignation Letter Date: August 13, 2026
  • Resignation Received/Acknowledged: August 13, 2026 (noted by the Company Secretary)
  • Initial Corporate Announcement Date: August 13, 2026
  • This Compliance Letter Date: September 12, 2026

Additional Information Disclosed

A tabular disclosure format was used to provide details as required by the exchange. The following information was provided:

  • Reason for Change: Resignation due to other commitments.
  • Date of Cessation: 13th August, 2026.
  • Fields marked as '--' (not provided) include: Brief profile, Details of relationships between Directors, Shareholding, and information required under specific BSE and NSE circulars.

Financial and Operational Impact

The disclosure does not quantify any financial impact from this director change. The resignation appears to be a routine governance update with no immediate capital structure or cash flow implications disclosed.