Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for resignation of Mr. Rajan Srivastava ....
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Mr. Rajan Srivastava (DIN: 10461210) has resigned from his position as Whole-time Director and President of True Green Bio Energy Ltd, effective November 8, 2025. The resignation is due to personal reasons, and he has confirmed there are no other material reasons behind his departure. The company (formerly CIL Nova Petrochemicals Ltd) has disclosed this to BSE under Regulation 30 of the SEBI Listing Regulations. The signed by Company Secretary Siddhi Shah.
Loss of a Whole-time Director (KMP) may create a temporary leadership gap, but since the reason cited is personal and not governance-related, near-term impact on shareholders is likely minimal. Investors should watch for a replacement appointment announcement.