Sudarshan Chemical Industries Limited announced the resignation of Mr. Mandar Velankar from his positions as General Counsel, Company Secretary, Compliance Officer, Nodal Officer, Key Managerial Personnel, and Senior Management Personnel. His resignation is effective from the close of business hours on September 1, 2026. The company is actively working to fill the vacant positions and will provide updates on the successor appointment.
Changes in Key Management at Sudarshan Chemical
Sudarshan Chemical Industries Limited has officially announced a significant change in its senior leadership. Mr. Mandar Velankar has resigned from his multifaceted roles within the company, including those of General Counsel, Company Secretary, Compliance Officer, and Nodal Officer. His departure also marks the cessation of his roles as a Key Managerial Personnel and Senior Management Personnel.
Resignation Details and Transition
The resignation, tendered on June 3, 2026, is effective from the close of business hours on September 1, 2026. Mr. Velankar has served the company and completed his stipulated notice period as per company policy. The company has acknowledged his contributions and is in the process of appointing a successor to fill the resultant vacancy. Further details regarding the new appointee will be communicated in due course.
Confirmation of Regulatory Compliance
This disclosure is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The necessary details, including Mr. Velankar’s resignation letter, have been attached to the announcement. The company has placed on record its appreciation for his service during his tenure.
Source: BSE
