Standard Capital Markets Limited has made a disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding a management change.
Mr. Ram Gopal Jindal (DIN: 06583160) has tendered his resignation from the position of Managing Director of the Company vide his resignation letter dated 5th September, 2026. The resignation is effective from 29th September, 2026 and is due to health-related reasons.
The disclosure specifically clarifies that Mr. Jindal has not resigned from the office of Director of the Company. He will continue to remain on the Board of Directors and will serve as an Executive Director with effect from 30th September, 2026.
Mr. Jindal has confirmed in his resignation letter that there are no material reasons for his resignation from the position of Managing Director other than the health-related reasons stated. The change is limited to relinquishment of the Managing Director position/designation and does not constitute cessation of his directorship.
Mr. Jindal will continue to discharge the duties and responsibilities of Managing Director up to 29th September, 2026. From 30th September, 2026, he will cease to hold the Managing Director position but will continue serving as Executive Director without any break in his directorship.
The disclosure was signed by Vineeta Gautam, Company Secretary & Compliance Officer (Membership No.: A50221) on behalf of Standard Capital Markets Limited.