JBF Industries Limited has informed the Exchange regarding Cessation of Ms Ujjwala Girish Apte as Executive Director of the company w.e.f. Jun 01, 2025.
Awaiting price reaction for this filing.
JBF Industries Limited has informed the stock exchanges that Ms. Ujjwala Girish Apte (DIN: 00403378) ceased to be a Director of the company with effect from close of business hours on June 01, 2025. This is not a resignation — her term, originally approved by shareholders at the AGM held on September 29, 2022, simply came to its scheduled end. The company is currently under the Corporate Insolvency Resolution Process (CIRP), and the disclosure was signed by the Resolution Professional, Mr. Mukesh Verma. No replacement appointment or any governance concern has been flagged in the filing.
This is a routine, pre-scheduled end of tenure and should not be viewed as negative news or a governance red flag. For shareholders, it is a procedural disclosure during the ongoing insolvency process and is unlikely to have any material impact on the stock price or the resolution proceedings.