Adline Chem Lab Limited submitted a regulatory filing to the BSE Limited, intimating the resignation of two of its Independent Directors.
The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Nature of the Event
The event is the resignation of Mr. Him Vyas (DIN: 11147259) and Mr. Krish Patel (DIN: 11147245) from their positions as Independent Directors of the company.
Key Details and Effective Date
The resignations were tendered and are effective from the close of business hours on June 12, 2026.
Reason for Resignation
The stated reason for both resignations is pre-existing personal commitments and unexpected professional constraints.
Confirmation from Directors
The company has received confirmation from both directors that there are no other material reasons for their resignation beyond those mentioned in their resignation letters. This confirmation is in accordance with Regulation 30 of the Listing Regulations and Clause 7B of Part A of Schedule III.
Additional Information
As per the annexure provided with the filing:
- The directors hold no directorships in any other listed entities.
- Their resignation letters were enclosed with the intimation to the exchange.
The managing director, Mr. Vrushank Balkrushna Patel (DIN: 05310613), signed and submitted the disclosure to the BSE. The company also requested that the necessary forms be filed with the Registrar of Companies (ROC), Ahmedabad.
Financial Impact
Financial impact not quantified in the disclosure.