Ganesh Benzoplast Limited has informed the Exchange regarding Cessation of Jagruti Gaikwad as Non- Executive Independent Director of the company w.e.f. September 25, 2025.
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Ms. Jagruti Gaikwad (DIN: 07177542) has ceased to be an Independent Woman Director of Ganesh Benzoplast Limited with effect from close of business hours on September 25, 2025. Her second consecutive 5-year term has ended, meaning she served on the board for over a decade. She was a member of five board committees: Audit, Nomination & Remuneration, Stakeholders' Relationship, Corporate Social Responsibility, and Allotment. The company and the outgoing director have exchanged formal letters of appreciation, and a letter of cessation has been filed with the exchanges.
This is a scheduled completion of tenure, not a resignation or governance issue, so it is unlikely to affect the stock price. However, the company will need to appoint a new independent woman director soon to remain compliant with SEBI board composition requirements.