Key Event Details
Mr. Nikhil Uchat resigned as Independent Director of Parmax Pharma Limited with effect from the closing of business hours on 08th October, 2026. The resignation was tendered due to "change in management and control of the Company pursuant to the acquisition of a majority stake in the Company by the incoming shareholders and the completion of the open offer process in accordance with the provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011."
Director Confirmation
Mr. Uchat confirmed in his resignation letter dated 06.10.2026 that:
- There are no material reasons for his resignation other than the change in management
- He does not hold any Directorship/Membership of any committees in any Listed Company (as confirmed in the annexure)
Company Address
Parmax Pharma Limited, Plot No. 20, Survey No. 52, Rajkot-Gondal National Highway No. 27, Rajkot, Hadamtala, Gujarat, India, 360311