Key Quantitative Figures & Details
- Directors Cessated: Mr. Bhanubhai Patel (DIN: 00727280) and Mr. Shailesh Patel (DIN: 02826895).
- Reason for Cessation: Completion of tenure. Both directors completed their second consecutive term of five years each as Independent Directors.
- Effective Date of Cessation: The cessation is effective from the end of the day on 23rd August 2026.
Parties Involved
- Company Making Disclosure: Chemcrux Enterprises Limited (BSE Scrip Code: 540395, Scrip ID: CHEMCRUX).
- Regulatory Authority Addressed: BSE Limited.
Stated Rationale and Impact
- The sole reason for the cessation is the completion of the maximum permissible tenure for Independent Directors as per regulations. The company explicitly states that "there are no other material reasons for their cessation."
- The Board of Directors and Management recorded their appreciation for the contributions made by the ceased directors during their tenure.
- The financial or operational impact of this change is not quantified in the disclosure.
Annexure Details (Disclosures as per SEBI Circular)
The enclosed annexure provides a tabular summary for each director:
| Particular | Mr. Bhanubhai Patel | Mr. Shailesh Patel |
| Reason for change | Completion of Tenure (two consecutive terms of five years each) | Completion of Tenure (two consecutive terms of five years each) |
| Date of cessation | w.e.f. end of the day on 23rd August 2026 | w.e.f. end of the day on 23rd August 2026 |
| Brief Profile | N.A. | N.A. |
| Disclosure of relationships between directors | N.A. | N.A. |