Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 for resignation of Mr. Sanjiv Swarup, Independent Director of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chatha Foods Limited has informed BSE that Mr. Sanjiv Swarup (DIN: 00132716) has resigned as a Non-Executive Independent Director of the company, effective from the close of business hours on February 12, 2026. He has cited personal professional reasons and unavoidable circumstances for his decision. As a result, he also ceases to be a member of the company's Nomination and Remuneration Committee. The director has confirmed that there are no other material reasons for his resignation beyond those stated. Mr. Swarup holds independent directorships in six other listed companies, including Josts Engineering, Responsive Industries, Bharat Wire Ropes, Abans Enterprises, Tac Infosec, and Comfort Fincap.
This is a routine single independent director exit with no governance red flags, as the reasons cited are personal and the director confirmed no other material concerns. Investors should monitor whether the company fills this board vacancy in a timely manner to maintain the required composition of independent directors, but the immediate impact on the stock is expected to be minimal.