Key Event Details
Mr. Vijay Shankarlal Bankda (DIN: 00023027) has tendered his resignation as Managing Director and Director of Syncom Formulation (India) Limited.
Effective Date
The resignation is effective from the close of business hours on August 11, 2026.
Date of Receipt
The company received the resignation letter on August 8, 2026, at 2:35 PM.
Reason for Resignation
The resignation is stated to be due to "leadership transition and effective succession planning." The decision is described as being taken in the larger interest of the Company and as part of a considered succession-planning process, with the objective of ensuring stability, continuity and a smooth handover of responsibilities to the incoming leadership.
Additional Confirmation
Mr. Bankda confirmed that his resignation is voluntary and does not arise from any disagreement with the Board, management or any other material reason.
Board Acknowledgement
The Board of Directors acknowledged the resignation and placed on record its sincere appreciation for Mr. Bankda's exemplary leadership, strategic vision and dedicated service. The Board noted that under his stewardship, the Company strengthened its operations, governance standards and continued its journey of sustainable growth.
Company Representative
The disclosure is signed by Vaishali Agrawal, Company Secretary and Compliance Officer of Syncom Formulation (India) Limited.