Manali Petrochemicals Limited has informed the Exchange regarding Resignation of Mr Niranjhan Madras Srinivasan (DIN: 01650785) as Non- Executive Independent Director of the company w.e.f. August 11, 2025.
MANALIPETC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Niranjhan Madras Srinivasan (DIN: 01650785) has resigned as a Non-Executive Independent Director of Manali Petrochemicals Limited, effective from the close of business hours on August 11, 2025. The reason cited is an increase in his professional and personal commitments. He has confirmed there are no other material reasons for his departure, and as per available records, he does not hold a directorship in any other listed company. The resignation was submitted under Regulation 30 of the SEBI Listing Regulations, 2015. The announcement was signed by the Company Secretary, G Sri Vignesh.
This is a routine board-level change with no governance red flags raised. For shareholders, the immediate impact on the stock is expected to be minimal, though the company will need to fill the vacant independent director position within the timelines prescribed by SEBI to maintain board composition compliance.