Borosil Renewables announces the resignation of Mr. Anoj Kumar Singh, AVP & Plant Head (Bharuch), effective June 20, 2025, due to personal reasons. The company has not accepted the resignation due to outstanding recoverable amounts related to a company loan. Legal action is planned to recover these amounts, ensuring compliance with SEBI regulations. The company is submitting this information on January 20, 2026.
Management Change
Mr. Anoj Kumar Singh, who held the position of AVP & Plant Head (Bharuch), tendered his resignation from Borosil Renewables on June 20, 2025. The resignation was prompted by personal reasons.
Resignation Status and Legal Action
Despite the resignation, Borosil Renewables has not accepted it. This decision stems from certain outstanding amounts owed to the company by Mr. Singh, specifically related to a loan the company had extended to him. The company intends to pursue appropriate legal action to recover the outstanding amounts.
Compliance Intimation
Borosil Renewables is formally submitting this intimation today, January 20, 2026, to ensure full compliance with applicable regulations. The company is taking necessary steps to address the outstanding financial matters.
Source: BSE
