Resignation of Mr. Parag Dadeech, Chief Operating Officer and Senior Management Personnel of the Company.
APOLLOPIPE · price
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Apollo Pipes Ltd has announced the resignation of Mr. Parag Dadeech from his position as Chief Operating Officer (COO) and Senior Management Personnel (SMP). The resignation is effective from the close of business hours on May 20, 2026. According to the email from Mr. Dadeech, he cited personal health reasons for his inability to continue in the role. This is a mid-term resignation disclosed under SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015. The company has informed both NSE and BSE about this change.
The departure of a senior executive like the COO could create uncertainty in company operations and may be viewed negatively by investors, at least in the short term, until a replacement is announced.