Section A – KMP Resignation Details
Name of Resigning KMP: Mr. Vinod Kumar Kathuria
Designation: Non-Executive Independent Director
Reason for Resignation: Personal reasons.
Effective Date of Resignation: Close of business hours on September 07, 2026.
Date of Resignation Letter: September 07, 2026.
Duration in Role: Not Specified.
Board’s Acknowledgment / Statement: Not Specified.
Replacement Appointed: Not Specified.
Regulatory Compliance Statement: The resignation was intimated to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also complies with Schedule III - Para A(7B) of Part A of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Delay in Disclosure: The resignation letter was dated September 7, 2026, and the intimation to the exchanges was made on September 8, 2026. No delay was indicated.
Section B – Additional Observations or Disclosures
Transition & Internal Role Reallocations: Not Specified.
Successor Appointments: Not Specified.
Section C – Financial & Governance Disclosures
Audited Financial Results: Not Specified.
Auditor’s Report Summary: Not Specified.
Dividends / Capital Changes / Buybacks: Not Specified.
Board / Committee Updates or Key Appointments: Not Specified.
Additional Information from Annexures
Director Confirmations: Mr. Vinod Kumar Kathuria confirmed in his resignation letter that there are no material reasons for his resignation other than the personal reasons stated.
Other Directorships: Mr. Kathuria holds the position of Independent Director in the following listed entities:
- Jayaswal Neco Industries Limited
- Satia Industries Limited
- Sharda Cropchem Limited
- A K Capital Services Limited
Committee Memberships:
- Jayaswal Neco Industries Limited: Member of Audit Committee and Nomination and Remuneration Committee.
- AK Capital Services Ltd: Chairperson of Audit Committee and Member of Nomination and Remuneration Committee.
- Sharda Cropchem Limited: Member of Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.
Company Details:
- Trading Symbol (NSE): DBEIL
- Date of Disclosure: 8th September, 2026
- Corporate Office: Near Lodhi Club, Shaheed Bhagat Singh Nagar, Ludhiana, Punjab 141012