Sangam (India) Limited has informed the Exchange regarding Resignation of Mr. Sudhir Maheshwari , Non Executive and Independent Director, has tendered his resignation from the Board of Directors of the company with effect from the close of the business hours on 04th May, 2026
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Mr. Sudhir Maheshwari, Non-Executive Independent Director of Sangam (India) Limited, has tendered his resignation from the Board effective close of business hours on 4th May 2026. The resignation was submitted on 29th April 2026 citing personal reasons. With this departure, he also ceases to be Chairman of the Stakeholders' Relationship Committee and a Member of the Audit Committee. The company has received confirmation from Mr. Maheshwari that there are no material reasons behind his resignation beyond the stated personal ones. The Board has placed on record its appreciation for his valuable contribution during his tenure. Mr. Maheshwari also holds a directorship in JSW Cement Ltd as a Professional Director.
While the resignation appears routine with no material reasons cited, the departure of an independent director who chaired the Stakeholders' Relationship Committee and sat on the Audit Committee could raise minor governance questions for investors, particularly regarding board composition adequacy going forward.