Saurashtra Cement Limited has informed the Exchange regarding Resignation of Mr MNMehta as Non- Execut of the company w.e.f. April 23, 2026.
SAURASHCEM · price
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Mr Mahendra Nanjibhai Mehta (DIN: 00632865) has tendered his resignation as Chairman Emeritus and Non-Executive Non-Independent Director of Saurashtra Cement Limited with effect from close of business hours on 23 April 2026. The resignation is due to ageing and health reasons as stated in his letter. The company has confirmed receipt of his resignation and stated that there are no material reasons for the resignation other than those mentioned. This was disclosed to the exchanges pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also confirmed no relationships between the resigning director and any other directors.
The departure of a senior promoter associated director may have limited impact on daily operations as it is a non-executive role. However, it signals a generational transition at the board level which investors should monitor for subsequent appointments.