Simplex Castings Limited has submitted a regulatory disclosure regarding the resignation of Mr. Shailesh Jain (DIN: 02753322) from his position as Independent Director of the company.
Resignation Details
Mr. Shailesh Jain tendered his resignation via letter dated June 5, 2026. The resignation took effect from the close of business hours on June 5, 2026. The stated reason for resignation is "other professional obligations and engagements" which prevent him from devoting adequate time to the company's affairs.
Committee Memberships
Consequent to his resignation, Mr. Jain ceased to be a member of the following board committees:
- Audit Committee
- Nomination & Remuneration Committee
- Stakeholder Relationship Committee
Board Acknowledgement
The Board of Directors placed on record its appreciation for the valuable contribution and guidance provided by Mr. Shailesh Jain during his association with the company as an Independent Director.
Financial Impact
No financial impact or quantification of any monetary effect resulting from this resignation is disclosed in the filing.