Garlon Polyfab Industries Limited has submitted a regulatory disclosure to BSE Limited regarding changes in its Key Managerial Personnel.
Resignation of Company Secretary
Mr. Sushil Kumar Gupta tendered his resignation as Company Secretary and Compliance Officer (Key Managerial Personnel) through a resignation letter dated 31st July, 2026. His resignation became effective from 31st July, 2026, citing personal reasons as the sole cause. Mr. Gupta confirmed in his resignation letter that there are no other material reasons for his resignation beyond those stated.
In his personal resignation letter addressed to the management, Mr. Gupta acknowledged full receipt of all outstanding remuneration and dues amounting to ₹5,00,000 (Five Lakh Rupees) via Cheque No. 000184 dated 31st July, 2026, drawn on HDFC Bank, Kanpur. He confirmed no further financial claims or pending dues against the company and requested the filing of necessary statutory forms (DIR-12/MGT-14) with the Registrar of Companies.
Appointment of New Company Secretary
The Board of Directors of the Company, in its meeting held on 22nd August, 2026, appointed Mr. Ritesh Srivastava as the new Company Secretary and Compliance Officer (Key Managerial Personnel). His appointment is effective from 22nd August, 2026.
Mr. Ritesh Srivastava is a Fellow member of the Institute of Company Secretaries of India (ICSI) with Membership No. F13274. He holds a Bachelor of Commerce degree, a Bachelor of Law degree from CSJM University, Kanpur, and a Master of Law degree from Noida International University.
Financial Impact
The resignation involved a final settlement of ₹5,00,000 to Mr. Sushil Kumar Gupta. No other financial impact is quantified in the disclosure regarding the management change.