Announcement under Regulation 30 for Resignation of Mr. Madanlal Goyal as Director and Chairperson of the Company
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Mr. Madanlal Goyal (DIN: 00456394) has resigned from his position as Chairman and Director of Ganon Products Ltd with effect from the close of business hours on 27th February 2026. In his resignation letter, he cited personal reasons and other professional commitments that prevent him from dedicating sufficient time to the company's affairs. He confirmed there are no other material reasons or undisclosed circumstances behind his exit. The Managing Director, Mr. Abhijeet Kacharu Jagtap, will continue to lead the company's operations going forward.
The departure of the Chairman could create short-term uncertainty around board leadership and strategic direction. Shareholders should watch for any announcement regarding a successor appointment or board restructuring in the coming weeks.