Saboo Sodium Chloro Limited has officially informed the Bombay Stock Exchange (BSE) that Mr. Madan Singh Jain has completed his tenure as an Independent Director. His term concluded on September 23, 2026, after serving five consecutive years. Consequently, he has also resigned from all board committees he was a part of. The company expressed gratitude for his contributions.
Independent Director’s Term Concludes
Saboo Sodium Chloro Limited has made a formal disclosure to the BSE regarding the completion of tenure for one of its Independent Directors. Mr. Madan Singh Jain, identified by his Director Identification Number (DIN) 09301140, has successfully completed his five-year term as an Independent Director of the company. His cessation from this role was effective at the close of business hours on September 23, 2026.
Board Committee Resignations
Following the completion of his directorship term, Mr. Madan Singh Jain has also resigned from his positions in all committees of the company’s board where he held membership or chaired. The company’s Board of Directors and management have acknowledged Mr. Jain’s service and extended their appreciation for his valuable contributions and guidance during his association with Saboo Sodium Chloro Limited.
Confirmation of No Material Reasons
In his separate communication, Mr. Madan Singh Jain confirmed that there are no material reasons for his resignation other than the completion of his five-year term. He also expressed his gratitude to the board, management, and stakeholders for their support throughout his tenure.
Source: BSE
