G M Polyplast Independent Director Suhas Rane Resigns

G M Polyplast Limited has submitted a regulatory disclosure to BSE Limited regarding a change in its directorate.

Key Event Details

Mr. Suhas Maruti Rane (DIN: 03126514), Independent Director of the Company, has tendered his resignation via letter dated July 20, 2026. His resignation will be effective from the conclusion of the forthcoming Annual General Meeting for the Financial Year ended March 31, 2026 or August 31, 2026, whichever date occurs earlier.

Reason for Resignation

The reason for resignation, as stated in his resignation letter, is pre-occupation with other professional commitments and consequent constraints on time that prevent him from devoting adequate attention to the role of Independent Director.

Additional Confirmations

Mr. Rane has confirmed that there are no other material reasons for his resignation beyond those stated in his letter. He has also confirmed that there are no adverse factors relating to his resignation that need to be brought to the notice of stakeholders or shareholders.

Committee Memberships

Mr. Rane held memberships in the following board committees at G M Polyplast Limited: Audit Committee, Nomination & Remuneration Committee, and Corporate Social Responsibility Committee. He also served as Chairman of the Stakeholders Relationship Committee. The disclosure confirms that he does not hold directorships in any other listed entities.

Financial Impact

No financial impact quantified in the disclosure.