Graphite India Limited has announced the resignation of Mr. Debanjan Mandal from his position as an Independent Director. Effective May 22, 2026, Mr. Mandal is stepping down from the Board of Directors, as well as the Audit Committee and the Committee of Directors. The resignation is attributed to his extensive travel commitments and other professional preoccupations. Mr. Mandal has confirmed that there are no other material reasons for his departure.
Board Composition Change
Graphite India Limited officially notified the stock exchanges regarding the departure of Mr. Debanjan Mandal, who served as an Independent Director on the company’s board. The resignation, submitted on May 22, 2026, is effective immediately. Following this change, Mr. Mandal will no longer serve on the Audit Committee or the Committee of Directors.
Reason for Departure
In his formal communication to the Board of Directors, Mr. Mandal cited extensive travel and significant professional preoccupations as the primary factors hindering his ability to attend board meetings regularly. He has provided formal confirmation that there are no material reasons for his resignation beyond those stated, ensuring transparency regarding his exit.
Other Directorships
Mr. Debanjan Mandal maintains board and committee positions in other listed entities. His portfolio includes roles at Spencer’s Retail Limited, Titagarh Rail Systems Limited, and CESC Ltd, where he serves on various audit, risk management, and remuneration committees.
Source: BSE
