Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange regarding Cessation of Mrs Varsha Vasant Purandare as Non- Executive Independent Director of the company w.e.f. close of business hours on January 30, 2026, upon completion of her second term of 2 (two) consecutive years.
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Mrs. Varsha Vasant Purandare will cease to be a Non-Executive Independent Director of Deepak Fertilizers and Petrochemicals Corporation Limited effective from the close of business hours on January 30, 2026. Her departure comes upon the natural completion of her second consecutive term of two years as an independent director. The company has informed the stock exchange about this change in board composition. This is a routine, scheduled end of tenure and not a mid-term resignation.
This is a planned exit following the completion of her term, with no negative governance implications. Shareholders should expect the company to appoint a new independent director in due course to fill the vacancy, keeping the board composition compliant with SEBI norms.