BSETirth Plastic LtdMediumNeutral
Announced Thu, 5 Feb · 16:45 IST

With reference to the captioned subject, please find enclosed the details of change in directorate pursuant to regulation 30 of SEBI (LODR) Regulation 2015

Cfo ResignedKmp ResignedManagement Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tirth Plastic Limited's board met on 5 February 2026 and approved several changes. The company approved unaudited financial results for the quarter ended 31 December 2025. Mr. Abhishek Sanjay Hagwane resigned as Chief Financial Officer citing personal commitments, and Mr. Aadesh Sunil Gadhave stepped down as Non-Executive Independent Director, also for personal reasons. To fill these gaps, Mr. Het Kalpeshkumar Shah was appointed as the new CFO, and Ms. Nidhi Bharatbhai Gandhi joined as an Additional Non-Executive Independent Director, subject to shareholder approval. Both appointments and resignations took effect on the same date, 5 February 2026.

Likely market impact

The simultaneous exit of the CFO and an independent director, along with quick replacements, suggests a routine leadership reshuffle rather than a crisis. Shareholders should watch the Q3 FY26 results closely for any financial irregularities or stress, as the CFO transition coincides with the results announcement.