Cessation of Director upon completion of second term of appointment of Mr. Dinesh Shah (DIN: 02377709)
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Mr. Dinesh Shah (DIN: 02377709) will cease to be an Independent Director of SGL Resources Ltd with effect from the close of business on 29th September 2025, as his second and final consecutive term has ended. The cessation is routine and tied to the regulatory maximum tenure for independent directors, not a resignation or removal. No reasons beyond tenure completion have been disclosed. The communication has been signed by Kantilal Ladani, Whole Time Director & CFO.
This is a regulatory, tenure-driven change and is unlikely to materially affect the stock price or operations. Shareholders should note that the company will need to appoint a new Independent Director in due course to maintain board composition requirements under SEBI LODR norms.