Mangalam Cement Limited has informed the Exchange about Resignation of Director/KMP/SMP
MANGLMCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shri Sunil Kumar Sachan, who served as President (Operations) and was classified as a Senior Management Personnel (SMP) at Mangalam Cement Limited, tendered his resignation effective 15th May 2026. The resignation, submitted via email on 13th May 2026, was attributed to personal reasons. The Company accepted the resignation and he will be relieved from his duties at the close of business on 15th May 2026. The disclosure was made under Regulation 30 of the SEBI Listing Regulations, 2015, which requires prompt reporting of changes in key managerial and senior management personnel. No reason other than personal reasons was disclosed, and no replacement or transition plan has been mentioned in the filing.
The departure of a senior operations executive could raise short-term concerns about operational continuity, though the company has given a brief 2-day notice period. Investors should monitor for subsequent announcements regarding the successor to this role.