Announced Fri, 23 Jan · 15:58 IST

Pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015 we hereby submit the intimation towards the resignation of Director Mr. Shivchand Sharma.

Management Changes View source PDF

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AI summary

Innovators Facade Systems Ltd has informed the stock exchanges that Mr. Shivchand Sharma (DIN: 00298265) has resigned from the Board as a Non-Executive Non-Independent Director, effective 23rd January 2026. The resignation is due to health conditions associated with aging, as stated in his resignation letter. Mr. Sharma has confirmed there are no other material reasons for his departure. He also stepped down from committee memberships linked to his directorship. The company has disclosed the details under SEBI's Regulation 30 (LODR) along with Annexure A containing the required information.

Likely market impact

This is a routine board-level change driven by personal health reasons and is unlikely to have any material impact on the company's operations or stock price. Shareholders should note one less director on the board, which may or may not be filled depending on the company's plans.