Intimation of Resignation of Independent Director pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015
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Mr. Sagar Jajodia has resigned from the position of Non-Executive Independent Director of Tirupati Starch & Chemicals Ltd effective from closing hours of 15 May 2026. The resignation is due to personal/unavoidable circumstances and other professional commitments. Along with the Board directorship, he also stepped down from the chairmanship of the Stakeholders Relationship Committee and memberships of the Nomination & Remuneration Committee and Audit Committee. Mr. Jajodia confirmed that there are no other material reasons for his resignation beyond those stated. He holds directorship in Jajodiya Constructions Pvt Ltd as Executive Director.
The resignation reduces the Board's independent director count and leaves three committee positions vacant. While the stated reason is vague, the director has confirmed no hidden material concerns, which provides some comfort to investors.