IFB Industries Limited | BSE: 505726 / NSE: IFBIND — Title: Intimation of Demise of Non-Executive Director
Summary:
This document is a regulatory filing submitted to the BSE and NSE by IFB Industries Limited. It serves as an intimation of the sad and untimely demise of Mr. Ashok Bhandari (DIN: 00012210), a Non-Executive Director of the company.
Key Details:
- Deceased Individual: Mr. Ashok Bhandari
- Designation: Non-Executive Director
- Director Identification Number (DIN): 00012210
- Date of Demise: 3rd August 2026
- Date of Intimation: 4th August 2026
Regulatory Context:
The disclosure is made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR"). It also references the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026. Detailed information as required by these regulations is provided in the attached Annexure-A.
Impact on Governance:
As a result of his demise, Mr. Ashok Bhandari ceased to be a Director on the Board of the company and on all Committees of the Board effective 3rd August 2026.
Company Statement:
The company describes Mr. Bhandari's unexpected demise as an "irreparable loss." The Directors and employees of the company have expressed their condolences to his family.
Annexure-A Details:
The annexure provides the following specifics in a tabular format:
| Particulars | Details |
| 1. Reason for Change | Demise of Mr. Ashok Bhandari (DIN: 00012210) |
| 2. Date of Cessation | 3rd August 2026 |
| 3. Brief profile | Not Applicable |
| 4. Disclosure of relationships between directors | Not Applicable |
Additional Information:
The complete disclosure is also available on the company's website at www.ifbindustries.com.
The letter is signed by Ritesh Agarwal, Company Secretary of IFB Industries Limited.