Key Personnel Change
Shri Salil Bawa, President - Investor Relation (Employee Code: BE0197, Location: Mumbai), forming part of the Senior Management Personnel, resigned from HEG Advanced Materials Limited (formerly HEG Limited).
Timeline of Events
- Resignation submitted: September 12, 2026 via email
- Resignation accepted: September 14, 2026 by competent authority of the Company
- Effective cessation date: September 14, 2026 from closing hours
Resignation Details
Salil Bawa's resignation email dated September 12, 2026 referenced previous discussions held on September 11, 2026. The company decided to waive the contractual liability to serve the remaining duration of the notice period, making the separation effective immediately upon acceptance.
Post-Employment Obligations
All post-employment obligations stipulated in the appointment letter, including confidentiality, non-disclosure, and non-solicitation clauses, remain strictly binding after separation.
Management Acknowledgement
The Management placed on record its appreciation for the valuable contributions made by Shri Salil Bawa during his tenure and wished him success in future endeavors.
Financial Impact
Financial impact not quantified in the disclosure.