Key Details

Subject: Resignation of Mr. Subodh Jain as Independent Director

Resignation Details

  • Director: Mr. Subodh Jain (DIN: 09203940)
  • Position: Independent Director
  • Effective Date: Close of business hours on October 22, 2026
  • Reason for Resignation: Pre-occupation with other personal and professional commitments, unable to devote requisite time and attention to effectively discharge fiduciary responsibilities

Committee Roles Relinquished

Consequent to resignation, Mr. Jain ceased to be:

  • Chairperson/Member of Audit Committee
  • Chairperson/Member of Nomination and Remuneration Committee
  • Chairperson/Member of Stakeholders' Relationship Committee
  • Vigilance Officer under the Whistle Blower Policy

Confirmations and Additional Information

  • No other material reasons for resignation beyond those stated
  • Holds no directorships or board committee memberships in any other listed entities (as on date)
  • Role was strictly non-executive governed by Section 149(12) of Companies Act, 2013
  • Formal relinquishment of office despite recent re-appointment approval at 15th Annual General Meeting held on September 19, 2026

Specific Requests from Resigning Director

  • Digital Signature Revocation: Immediate termination of authority to use his Digital Signature Certificate (DSC) for any statutory filings with ROC, MCA, tax authorities, or stock exchanges
  • SEBI PIT Regulations De-tagging: Request to remove his name, PAN, and Demat account details (BOID: 12088****12551) and those of immediate relatives from 'Designated Persons' list under SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Statutory Compliance: Request to file Form DIR-12 with Registrar of Companies and intimate BSE Limited within prescribed timelines, with acknowledged copy to be provided

Company Action

The intimation will be made available on the company's website and requested to be taken on record by BSE Limited.