GANESHCP: Ganesh Consumer Products Limited has informed the Exchange regarding Resignation of Mr. Rohit Brijmohan Mantri as Non- Executive Non-Independent Director of the company from the close of business hours on March 16, 2026.
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Ganesh Consumer Products Limited has informed the exchanges that two directors resigned effective close of business hours on March 16, 2026. Mr. Sunil Rewachand Chandiramani stepped down as Independent Director and also as Chairman of the Audit Committee, Risk Management Committee, and Nomination & Remuneration Committee, citing his desire to pursue other professional opportunities. Mr. Rohit Brijmohan Mantri resigned as Non-Executive Non-Independent Director and from all board committees, citing increased professional commitments. Mr. Chandiramani, who had been on the board since 2018 and chaired the audit committee, also serves as an Independent Director on Rupa & Company, Sapphire Foods India, Updater Services, and Kalpataru Limited. The company will need to fill both positions and appoint a new Audit Committee Chairman to comply with listing requirements.
The simultaneous exit of two directors, including the Audit Committee Chairman, raises near-term governance concerns as the company must quickly find replacements to maintain the required board composition and audit oversight. Investors should watch for the timely appointment of a new Independent Director and Audit Committee Chair to avoid any regulatory or compliance gaps.