JISLDVREQSNSEJain Irrigation Systems Limited· -MediumNeutral
Announced Sat, 25 Apr · 10:46 IST

Jain Irrigation Systems Limited has informed the Exchange regarding Resignation of Mr Aroop Sircar as Nominee Director of the company w.e.f. April 25, 2026.

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₹23.49
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AI summary

Mr. Aroop Sircar, Nominee Director appointed by State Bank of India representing the lenders, has resigned from the Board of Jain Irrigation Systems Limited with immediate effect from April 25, 2026. The resignation follows completion of his three-year tenure as Nominee Director. His resignation letter was received on April 25, 2026 at 9:45 AM. Mr. Sircar has confirmed there are no material reasons for his resignation other than the completion of his tenure. The company has made the disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015. This is a standard procedural change following the expiry of a lender nominee's fixed term on the board.

Likely market impact

The departure of the State Bank of India nominee director is a routine board change with no immediate shareholder concerns, as the resignation is solely due to tenure completion with no governance issues flagged.