Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015- Completion of term of Independent Director
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Ecoplast has informed the stock exchanges that Mr. Dhananjay Thakorbhai Desai (DIN: 00049574) ceased to be an Independent Director of the company with effect from the close of business hours on September 11, 2025. The reason is the scheduled completion of his second consecutive five-year term as an Independent Director. The Board has recorded its appreciation for his contributions during the tenure. This is a routine, end-of-term separation and not a mid-term resignation triggered by any controversy or governance concern.
This is a routine regulatory disclosure with no material impact on the company's operations or shareholder value; investors may want to watch for a subsequent announcement naming a replacement Independent Director to ensure the board continues to meet SEBI's minimum composition requirements.