Director Mr Prafulla Shirgaokar resigns from Ugar Sugar board
UGARSUGAR · price
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On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.3 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mr Prafulla V Shirgaokar, a Non-Executive Non-Independent Director, has resigned from the board of The Ugar Sugar Works Limited effective 11 August 2026, citing personal commitments. His DIN is 00151114. The resignation letter was submitted to the board during market hours on the same day.
A non-executive director exit, likely a promoter family member. Creates a board vacancy but unlikely to materially affect operations or stock price.