Appointment and Resignation of Director.
Awaiting price reaction for this filing.
Foundry Fuel Products Ltd held a board meeting on 12 February 2026 and approved its unaudited financial results for the quarter and nine months ended 31 December 2025. The Board accepted the resignation of Mrs. Sudha Ramesh (DIN: 02840031) from the position of Non-Executive Independent Woman Director, effective the same day, citing personal reasons and unavoidable circumstances. In her place, the Board appointed Mrs. Sneha Sharma (DIN: 10680027) as an Additional Non-Executive Independent Woman Director for a first term of five years, subject to shareholder approval via postal ballot. Mrs. Sneha Sharma brings over 10 years of professional experience in Company Law Advisory Services and is not related to any existing director.
This is a routine independent director change with a like-for-like replacement, likely to have minimal impact on the stock. Shareholders will get to vote on the new appointment through a postal ballot.