Nilachal Refractories Limited has announced the resignation of two Independent Directors, Mrs. Bindu Jain and Mr. Sundaresan Radhakrishnan. Both directors stepped down effective August 31, 2026, upon the completion of their respective terms. The company has stated that their tenure as Independent Directors has concluded, and their resignation letters have been submitted to the relevant authorities.
Board Changes at Nilachal Refractories
Nilachal Refractories Limited has formally notified stakeholders regarding a change in its board composition. Two Independent Directors, Mrs. Bindu Jain (DIN: 07159504) and Mr. Sundaresan Radhakrishnan (DIN: 00009818), have resigned from their positions. The resignations are effective from August 31, 2026.
Reason for Resignation
The company’s filing indicates that the departures are due to the completion of the directors’ stipulated terms as Independent Directors. Both individuals have tendered their resignation letters, which have been accepted by the company. The announcement follows standard regulatory procedures for board changes.
Source: BSE
