Key Quantitative Figures
Director Identification Number (DIN): 03496656
Dates of Action
- Resignation letter date: September 7, 2026
- Effective resignation date: Closure of business hours on September 7, 2026
- Company filing date: September 10, 2026
Parties Involved
- Resigning Director: Mr. Manan Rajesh Patel (Executive Director)
- Regulatory authorities: BSE Limited, Securities and Exchange Board of India (SEBI), Registrar of Companies
- Company representative: Vishal Jha (Company Secretary and Compliance Officer, Membership No.: A80210)
Purpose or Stated Rationale
Resignation is consequent to change in management pursuant to completion of open offer process in accordance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Financial or Operational Impact
No specific financial impact quantified in the disclosure. The resignation is presented as an administrative consequence of completed open offer process.
Capital Structure Impact
No direct capital structure impact disclosed. The resignation follows completion of open offer process, implying potential changes in ownership structure not detailed in this filing.
Additional Details from Annexures
Annexure A Details:
- Director Name: Mr. Manan Rajesh Patel
- DIN: 03496656
- Reason: Completion of open offer process under SEBI Takeover Regulations
- Date of Resignation: September 7, 2026
- Term of appointment: Not Applicable
- Brief Profile: Not Applicable
- Disclosure of relationships between Directors: Not Applicable
- Other listed entity directorships: Not Applicable
- Confirmation of no other material reasons: Yes, as disclosed in resignation letter
Annexure B (Resignation Letter):
- Formal resignation effective close of business hours on September 7, 2026
- Explicit confirmation that there are no material reasons for resignation other than those stated (open offer completion)
- Request for necessary filings with Registrar of Companies and BSE Limited
- Expression of appreciation to Board and management for support during tenure