IGC INDUSTRIES LIMITED

IGC Industries Limited disclosed the outcomes of its Board Meeting held on Tuesday, 25th August, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 3:00 P.M. and concluded at 3:45 P.M.

1. Appointment of Independent Directors

The Board approved the appointment of two persons as Additional Directors in the capacity of Independent Directors, subject to the approval of the Members of the Company:

Mr. Mukesh Jiut Yadav (DIN: 10778075)

  • Date of Appointment: 25th August, 2026
  • Term: Subject to approval of Members
  • Brief Profile: Has experience in business management and commercial activities. Possesses knowledge of business operations, management and related commercial matters. His experience and business acumen are expected to contribute to the Company's growth, strategic decision-making and corporate governance.
  • Relationship with Directors: Not related to any Director of the Company
  • Debarment Status: Not debarred from holding the office of Director by virtue of any SEBI order or any other authority

Mr. Hiren Kishor Patel (DIN: 10753864)

  • Date of Appointment: 25th August, 2026
  • Term: Subject to approval of Members
  • Brief Profile: Has experience in business and commercial activities and possesses knowledge of business operations and management. His experience is expected to contribute to the Company's strategic planning, business development and overall growth.
  • Relationship with Directors: Not related to any Director of the Company
  • Debarment Status: Not debarred from holding the office of Director by virtue of any SEBI order or any other authority

Both directors have submitted the necessary declarations confirming their eligibility, independence and compliance with the applicable provisions of the Companies Act, 2013 and SEBI LODR Regulations.

2. Resignation of Independent Director

The Board accepted the resignation of Mrs. Hemlata (DIN: 10417881) from the position of Independent Director of the Company.

  • Date of Resignation: 25th August, 2026
  • Effective Date of Cessation: 25th August, 2026
  • Reason for Resignation: Increasing personal and professional commitments requiring dedicated attention, making it difficult to continue discharging the responsibilities of Independent Director with the required level of focus and dedication
  • Listed Entity Directorships: NIL
  • The Board placed on record its appreciation for the valuable contribution and services rendered by Mrs. Hemlata during her tenure as an Independent Director