Section A – KMP Resignation Details
Name of Resigning KMP: Shri Naman Jain (DIN:08041805)
Designation: Independent & Non-Executive Director
Reason for Resignation: Due to non-fulfilment of the eligibility requirements prescribed under the applicable provisions of the Companies Act, 2013, read with the Companies (Appointment and Qualification of Directors) Rules, 2014, including non-completion/non-clearance of the online proficiency self-assessment test within the stipulated timeline.
Effective Date of Resignation: July 1, 2026
Date of Resignation Letter: June 30, 2026
Board's Acknowledgment / Statement: The company confirms that there is no other material reason for his resignation/cessation other than those provided above.
Replacement Appointed: Not Specified
Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also references compliance with BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CML/2018/02 dated June 20, 2018.
Delay in Disclosure: Not Specified
Section B – Additional Observations or Disclosures
Transition & Internal Role Reallocations: Not Specified
Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
Audited Financial Results: Not Specified
Auditor's Report Summary: Not Specified
Dividends / Capital Changes / Buybacks: Not Specified
Board / Committee Updates or Key Appointments: Not Specified
Additional Details from Annexure
The annexure provides structured information as required under SEBI LODR regulations:
- Reason for Intimation: Resignation/Cessation due to non-fulfilment of requirements under Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014
- Date of Cessation: July 1, 2026
- Confirmation: No other material reasons for cessation exist beyond those stated
Correspondence Details
The resignation letter was addressed from Naman Jain at A-22, C.C.Colony, Model Town, New Delhi-110007 to the Board of Directors of Bharat Rasayan Limited at 1501, Vikram Tower, Rajendra Place, New Delhi - 110 008.
The company disclosure was signed by Nikita Chadha, Company Secretary & Compliance Officer of Bharat Rasayan Limited, and submitted to the National Stock Exchange of India Limited at Exchange Plaza, 5th Floor, Plot No. C-1 'G' Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.