Company Disclosure
Organic Coatings Limited (Scrip Code: 531157, ISIN: INE412E01011) submitted a regulatory filing to BSE Limited on August 25, 2026, regarding the resignation of its Chief Financial Officer.
Resignation Details
Mr. Ajay Rajnikant Shah tendered his resignation as CFO effective August 17, 2026. The stated reason for resignation was "personal commitments." The company confirmed receiving a declaration from Mr. Shah that there are no other material reasons for his resignation beyond those provided in his resignation letter.
Continued Role
Despite resigning as CFO, Mr. Shah will continue to serve the company in his capacity as a Wholetime Director.
Annexures Submitted
The filing included two annexures:
- Annexure A: Detailed table with resignation particulars as required by SEBI regulations
- Annexure B: Copy of the resignation letter dated August 14, 2026