outcome of Board Meeting held on 28th February, 2026 to consider and approve resignation of Mr. Madanlal Goyal as Chairman and Director of the Company
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Mr. Madanlal Goyal (DIN: 00456394) has resigned from his position as Chairman and Director of Ganon Products Limited with effect from the close of business hours on 27th February 2026. In his resignation letter, Mr. Goyal cited personal reasons and other professional commitments, stating he is unable to devote sufficient time to the company's affairs. He also confirmed there are no material reasons for his resignation beyond those mentioned, with no other circumstances requiring disclosure under the Companies Act, 2013 or SEBI LODR Regulations. The board approved the resignation at its meeting held on 28th February 2026 (10:30 AM to 11:00 AM). Managing Director Mr. Abhijeet Kacharu Jagtap (DIN: 10915468) continues in his role, and no replacement appointment was announced in this filing.
For retail shareholders, this is a single, pre-disclosed leadership departure with no governance red flags (reason given as personal/professional, not a dispute or financial concern). The change is unlikely to materially affect ongoing operations, but investors should watch for any subsequent board reconstitution announcements.