Magadh Sugar & Energy Limited has submitted a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding the resignation of a senior management personnel, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure specifically concerns Mr. Vikas Chandra Tyagi, who held the position of Executive President at the company's Sidhwalia unit. Mr. Tyagi has tendered his resignation from this role.
The effective date of cessation from duties is the close of business hours on June 30, 2026.
The stated reasons for resignation, as provided in the enclosed resignation letter (Annexure-B), are personal reasons and a decision to pursue other professional opportunities and career aspirations. The disclosure annexure (Annexure-A) confirms that Mr. Tyagi has stated there are no other material reasons for his resignation.
The company has acknowledged the resignation and confirmed that Mr. Tyagi will be relieved from his duties on the specified date. The disclosure is made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The letter is signed by S Subramanian, Company Secretary (FCS – 4974), on behalf of Magadh Sugar & Energy Limited.