Polyplex Corporation Limited has informed the Exchange about Resignation of Director/KMP/SMP
POLYPLEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Sanjiv Chadha has tendered his resignation from the Board of Polyplex Corporation Limited, effective May 23, 2026 (end of day), after over 20 years of association with the company as a director. He cited personal and professional reasons for stepping down. The company has simultaneously announced the appointment of Mr. Ranjit Singh, who previously served as an Independent Director for 10 years, as a Non-Executive Non-Independent Director effective May 25, 2026. Mr. Ranjit Singh brings over 40 years of experience in corporate management across Indian and international business environments and has an engineering background from BITS Pilani and MBA from IIM Ahmedabad. The resignation and appointment appear to be part of a planned board transition.
This resignation ends a long-standing board relationship but is being filled by an experienced internal candidate. The switch from Independent to Non-Independent status for Mr. Ranjit Singh may alter board independence dynamics and committee compositions, which shareholders should monitor.