Intimation under Regulation 30 of SEBI (LODR) Regulation,regarding Resignation of Managing Director
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Mr. Kevinkumar Mansukhlal Saparia (DIN: 06511140) has resigned from his roles as Managing Director, Executive Director, and Chief Financial Officer of Bisil Plast Limited, effective from the close of business hours on August 28, 2025. The reason cited is personal reasons and other professional commitments. He has confirmed that there are no other material reasons behind his resignation. The Board of Directors has acknowledged his contribution during his tenure. The company has not yet announced a replacement for either position.
The company has simultaneously lost its Managing Director and CFO, which are both Key Managerial Personnel roles. This dual exit may create leadership and financial oversight gaps, potentially affecting operations and investor confidence until suitable replacements are appointed.