Aditya Birla Fashion and Retail Limited (ABFRL) has announced the resignation of Mr. Pankaj Sood from his position as a Non-Executive Nominee Director. Effective April 2, 2026, the departure is attributed to an increase in Mr. Sood’s professional responsibilities and outside commitments. The company has officially acknowledged the transition and completed the necessary regulatory filings to update the composition of its Board of Directors.
Board Transition Details
Aditya Birla Fashion and Retail Limited (ABFRL) confirmed that Mr. Pankaj Sood, a Non-Executive Nominee Director, stepped down from his role on the company’s Board of Directors. The resignation took effect immediately on April 2, 2026. In his formal communication to the Board, Mr. Sood cited growing professional responsibilities as the primary driver for his decision to reduce his current directorship commitments.
Leadership Acknowledgement
During his tenure, Mr. Sood played a key role as a Nominee Director, contributing to the strategic oversight of the fashion and retail conglomerate. In his resignation letter, he expressed his gratitude to the Chairman, fellow Board members, and the management team for their support and collaboration. The company has expressed appreciation for his contributions to the organization’s growth and success during his time on the Board.
Source: BSE