Key Details of Cessation

  • Mr. Sushil Kumar Poddar (DIN: 03605830) resigned from his position as Independent Director of the company.
  • Effective date of cessation: 22nd June 2026
  • Reason for resignation: Personal considerations that made it difficult for him to continue discharging his duties effectively
  • The resignation includes cessation from all committees of the Board

Committee Impact

Mr. Poddar ceased to be Chairman of the following Board committees:

1. Audit Committee

2. Stakeholder Relationship Committee

3. Nomination and Remuneration Committee

4. Corporate Social Responsibility Committee

Board Action

The Board of Directors has reconstituted all committees consequent upon this change in the composition of the Board.

Additional Information

  • The company confirmed there are no material reasons for the resignation other than those stated
  • Mr. Poddar did not hold any directorships in other listed companies
  • The disclosure includes required details as per Clause 7 of Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular dated 13 July 2023
  • Financial impact: Not quantified in the disclosure