Key Details
Mr. Venkat Rao Sadhanala (DIN: 02906370) resigned from his position as Director (Non-Executive & Non-Independent) of Mipco Seamless Rings (Gujarat) Limited effective from close of business hours on 12th November 2026. The resignation was tendered via letter dated 12th November 2026.
Reason for Resignation
The resignation was due to "pre-occupation" as stated in both the company's disclosure and the director's resignation letter.
Documentation
The company enclosed Annexure I with the prescribed details under amended Regulation 30 and Annexure II containing the resignation letter dated 12th November 2026.
Company Acknowledgement
The company placed on record its appreciation for Mr. Venkat Rao Sadhanala's "diligent and dedicated services" throughout his tenure and wished him well for future endeavors.
Effective Date
The resignation took effect immediately from close of business hours on 12th November 2026.
Financial Impact
No financial impact quantified in the disclosure. No mention of any disputes or disagreements with the board.