Director Cessation Details
Mr. Nitin Ishwarlal Parekh (DIN: 00087248) ceased to be an Independent Director of the Company effective from close of business hours on 16th September, 2026. The cessation occurred due to completion of his second term of 5 consecutive years as independent director. Accordingly, he automatically ceased membership from all respective Committees of the Board upon cessation of directorship.
Board Appreciation
The Board of Directors and Company management placed on record its deep appreciation and gratitude for the invaluable advice, guidance and contribution made by Mr. Nitin Ishwarlal Parekh during his tenure as Independent Director.
Regulatory Compliance Details
The disclosure includes Annexure-I containing details required under Regulation 30 read with Schedule III - Para A of Part A of SEBI Listing Regulations and relevant SEBI Circulars. The annexure specifies:
- Reason for change: Completion of second term as Independent Director
- Date of cessation: Effective from close of business hours on 16th September 2026
- Brief profile: Not Applicable
- Director relationships: Not Applicable
- Information under Circular no. LIST/COMP/14/2018-19 and NSE Circular no. NSE/CML/2018/24: Not Applicable
- Resignation letter: Not applicable (completion of term)