Panchsheel Organics Limited has intimated BSE Limited about the sad demise of Mr. Mahendra Abhaychand Turakhia (DIN: 00006222), who served as Executive Whole Time Director, promoter and Managing Director of the Company. The demise occurred on August 01, 2026.
Mr. Turakhia held 21,20,672 shares in the company, representing 16.10% of the shareholding. The company describes his unexpected demise as an irreparable loss, with all Directors and employees expressing deep sympathy, sorrow and condolences to his family.
Annexure Details
The annexure provides specific details:
- Name: Mr. Mahendra Abhaychand Turakhia
- Reason for change: Death
- Date of cessation: August 01, 2026
- Promoter/Promoter Group: Promoter
- Category: Executive Whole Time Director, being the promoter and Managing Director
- Number of Shares/Percentage: 21,20,672 shares / 16.10%
The communication was signed by Sonia Verma, Company Secretary (Mem. No. A63984) on behalf of Panchsheel Organics Limited.