Intimation under regulation 30 of SEBI(LODR) Regulations, 2015- demise of Independent director
Awaiting price reaction for this filing.
BCL Enterprises Ltd has informed stock exchanges about the sudden demise of Mr. Umesh Kumar Bajaj (DIN: 02968410), who served as an Independent Director, on September 16, 2025. The company described the loss as irreparable and conveyed condolences from the board and employees. The disclosure has been made under Regulation 30 of the SEBI Listing Regulations. Mr. Mahendra Kumar Sharda, Managing Director (DIN: 00053042), signed the intimation. No successor or replacement director has been mentioned in this filing.
This is a loss of an independent board member, which creates a vacancy that the company will need to fill within the timelines required under SEBI rules to maintain the minimum number of independent directors. For shareholders, the event is unlikely to have a direct financial impact, but it could temporarily affect board composition compliance.