Resignation of Ms. Varsha Chaudhary Jain as Whole Time Director of the Company
GOODYEAR · price
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Goodyear India's board met on November 6, 2025 and approved the unaudited financial results for Q2 and H1 FY26 (quarter ended September 30, 2025), though specific numbers were not shared in this filing. The board accepted the resignation of Ms. Varsha Chaudhary Jain as Whole Time Director, KMP, and Head Legal & Compliance, effective December 31, 2025, citing personal reasons. The second tenure of Independent Director Mr. Rajiv Lochan Jain ends the same day. To fill the board seat, Mr. Gajanan Vithal Gandhe has been approved as a new Independent Non-Executive Director for five years from January 1, 2026, subject to shareholder approval. The board also updated the list of KMPs authorized to determine materiality of disclosures.
This is largely a routine transition with no disruption to leadership — the Chairman & MD (Arvind Bhandari) and CFO (Sandeep Garg) remain in place, and a new independent director is being inducted. Shareholders should note the departure of a Whole Time Director and KMP, but the reasons cited are personal and a replacement is being lined up through the committee process.