Announced Fri, 20 Feb · 12:33 IST

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015- Resignation of Mr Piyushkumar Mehta as a Non-executive Director of the Company

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr Piyushkumar Mehta (DIN: 08772311) has resigned as a Non-executive Director of Hardcastle & Waud Manufacturing Company Ltd, effective 19 February 2026, citing personal reasons. He confirmed there are no other material reasons and no disagreements with the board or management. Following his exit, the Nomination and Remuneration Committee will be reconstituted effective 20 February 2026 with three independent directors — Mr Manekchand Panda (Chairman), Mr Sunil Kantilal Trivedi, and Ms Pranjali Bhandari.

Likely market impact

This is a routine non-executive director exit for personal reasons with no governance concerns flagged; the board still has a fully independent NRC, so the impact on shareholders is minimal.