Key Event Details
The Board of Directors of Sylph Industries Limited, in its meeting held on July 7, 2026, considered and accepted the resignation of Mr. Nilesh Jain (DIN: 07785023) from the position of Non-Executive Non-Independent Director of the company.
Effective Date of Cessation
The resignation takes effect from the close of business hours on July 7, 2026.
Reason for Resignation
Mr. Nilesh Jain resigned due to personal reasons and other commitments, stating he would not be able to devote adequate time to the company's affairs.
Director Confirmation
Mr. Jain confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter.
Other Directorships and Committee Memberships
As per the disclosure requirements, Mr. Nilesh Jain holds:
- Directorship in listed entities: NIL
- Membership in committees of listed entities: NIL
Board Resolution and Appreciation
The Board of Directors passed a resolution accepting the resignation and placed on record its sincere appreciation for the contributions made by Mr. Nilesh Jain during his tenure as a Board Member.
Contact Information of Resigning Director
Mr. Nilesh Jain's contact details:
- Address: 304, Kingdom Heights, 27-E, Sector C, Scheme No.71, Indore (M.P)-452009
- Contact No: +91 9329583000
Company Representation
The disclosure was signed by Mr. Hasmukh Nanalal Shah, Managing Director (DIN: 00398666) of Sylph Industries Limited.
Financial Impact
No financial impact or capital structure changes were disclosed in relation to this director resignation.