Nature of the Event
Regulatory intimation to BSE Limited regarding the resignation of an Independent Director from the company's board.
Key Details of the Resignation
- Director: Mr. Manish Shrichand Bachani (DIN: 08013906), Non-Executive, Independent Director.
- Reason for Resignation: Due to other professional commitments and resulting time constraints, as stated in his resignation letter.
- Date of Resignation: The resignation was tendered via email on July 24, 2026.
- Effective Date: The resignation is effective immediately, from the close of business hours on July 24, 2026.
- Confirmation: Mr. Bachani has confirmed that there are no other material reasons for his resignation beyond those stated.
Director's Profile and Other Directorships
Mr. Bachani holds directorships in the following listed entities, indicating his committee memberships:
1. Scarnose International Limited
- Audit Committee – Chairman
- Nomination and Remuneration Committee – Member
- Stakeholders Relationship Committee – Member
2. Bridge Securities Limited
- Audit Committee – Member
- Nomination and Remuneration Committee – Chairman
- Stakeholders Relationship Committee – Member
3. Add-Shop E-Retail Limited
- No committee memberships disclosed.
4. Svarnim Trade Udyog LTD
- Audit Committee – Member
- Nomination and Remuneration Committee – Member
5. Dipna Pharmachem Limited
- Audit Committee – Member
- Nomination and Remuneration Committee – Member
- Stakeholders Relationship Committee – Member
Financial and Operational Impact
The disclosure does not quantify any financial or operational impact resulting from this resignation.