Background and Regulatory Context
The Company received an email from BSE dated May 27, 2026 seeking additional disclosure regarding the change in management. This filing serves as compliance with that request and references a previous corporate announcement made under Regulation 30.
Director Resignation Details
- Name: Mr. Rahul Haresh Bhai Modi (DIN: 09483841)
- Position: Non-Executive Independent Director
- Date of Cessation: May 26, 2026
- Reason for Resignation: Pre-occupation
- Effective Date: May 26, 2026
- Confirmation: No other material reasons beyond pre-occupation
Director's Other Positions
The resigning director holds directorships in the following listed entities:
1. Yarn Syndicate Ltd - Non-Executive Independent Director
2. Indo Colchem Limited - Non-Executive Independent Director
3. Oceanic Foods Limited - Non-Executive Independent Director
Documentation
A letter of resignation from Mr. Rahul Haresh Bhai Modi is attached to the filing. The resignation letter, dated May 26, 2026, was addressed to the Board of Directors of Aritas Vinyl Limited and formally submitted the resignation effective May 26, 2026 due to pre-occupation.
Financial Impact
No financial impact quantified in the disclosure. The resignation represents a governance change without immediate financial implications.