Saurashtra Cement Limited has informed the Exchange regarding Cessation of Mr MNMehta as Non- Execut of the company w.e.f. April 23, 2026.
SAURASHCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Mahendra Nanjibhai Mehta (DIN: 00632865) has tendered his resignation as Chairman Emeritus (Non-Executive Non-Independent Director) of Saurashtra Cement Limited with effect from the close of business hours on 23 April 2026. The reason cited is ageing and health issues. The company has received confirmation from Mr. Mehta that there are no other material reasons for his resignation beyond those stated. The resignation was communicated via his letter dated 23 April 2026, and the company has submitted the requisite disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 to the stock exchanges.
The departure of a long-standing non-executive director and Chairman Emeritus due to health reasons is a routine governance change with limited direct market impact. Since he was a non-executive director with no operational role and no material disputes were reported, the stock is unlikely to see significant reaction.