Nilachal Refractories Limited submitted a regulatory disclosure to BSE Limited and CSE Limited regarding the cessation of two independent directors from the company's board.
The company intimated that the tenure of the following Independent Directors has been completed, and they have tendered their resignation from the office of Director effective 31st August, 2026:
1. Mrs. Bindu Jain (DIN: 07159504)
2. Mr. Sundaresan Radhakrishnan (DIN: 00009818)
The disclosure was made pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company enclosed the resignation letters received from both independent directors for the exchanges' information and records.
Resignation Details
Mrs. Bindu Jain's Resignation Letter:
- Date: 31st August 2026
- Reason: Completion of term as Independent Director
- Effective date: 31st August 2026
- DIN: 07159504
- Expressed thanks to the Board and management for support during tenure
Mr. Sundaresan Radhakrishnan's Resignation Letter:
- Date: 31st August 2026
- Reason: Completion of term as Independent Director
- Effective date: 31st August 2026
- DIN: 00009818
- Expressed thanks to the Board and management for support during tenure
Submission Details
- Submitted by: Mr. Mukesh Kumar Shaw, Company Secretary & Compliance Officer (ACS No.: 80201)
- Submitted to: BSE Limited (Department of Corporate Services, Floor 25, P.J. Towers, Dalal Street, Mumbai-400001) and CSE Limited (7 Lyons Range, Kolkata - 700001)
- Date of submission: 31/08/2026