NSEResignation4d ago · 1 Sept 2026, 05:42 pm

Resignation

Sudarshan Chemical Industries Limited · SUDARSCHEM

✦ AI SummaryMgmt Change

Sudarshan Chemical Industries Limited has informed the Exchange regarding the resignation of Mr. Mandar Meenanath Velankar as a Key Managerial Personnel and Senior Management Personnel of the company, effective September 01, 2026.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

Sudarshan Chemical Industries Limited has informed the Exchange regarding Resignation of Mr Mandar Meenanath Velankar as a Key Managerial Personnel and Senior Management Personnel of the company w.e.f. September 01, 2026.

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SUDARSCHEM_01092026174221_SEintimationResignationofCS01092026Signed.pdf

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1st September, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Scrip Code - 506655 Bandra (East), Mumbai – 400 051 Scrip Symbol - SUDARSCHEM Dear Sir / Madam, Sub.: Disclosure as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”) – Resignation of General Counsel and Company Secretary, Compliance Officer, Nodal Officer, Key Managerial Personnel and Senior Management Personnel Pursuant to Regulation 30 and other applicable regulations read with Para A, Part A of Schedule III of SEBI Listing Regulations, 2015 as amended from time to time, read with Industry Standards Note on Regulation 30 of SEBI Listing Regulations, we wish to inform you that Mr. Mandar Velankar has resigned as a General Counsel and Company Secretary, Compliance Officer and Nodal Officer of the Company effective close of business hours today i.e. Tuesday, 1st September, 2026, after serving notice period as per the Company policy. As a result, Mr. Velankar has also ceased to be a Key Managerial Personnel and Senior Management Personnel of the Company as per the applicable legal provisions and also as an official authorized to determine the materiality of an event or information and to make appropriate disclosures on a timely basis as per Regulation 30(5) of SEBI Listing Regulations, 2015. The Company places on record its appreciation for his contribution during his association with the Company. The Company is in a process of filling the resultant vacancy, and details about the successor will be intimated as and when the appointment is made. The requisite details as required under Regulation 30 read with Part A, Para A of Schedule III of SEBI Listing Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 (“SEBI Circular”) dated 30th January, 2026, along with the resignation letter dated 3rd June, 2026, are attached as Annexure A. Kindly take the same on record. Thanking You, Yours faithfully, For SUDARSHAN CHEMICAL INDUSTRIES LIMITED RAJESH RATHI CHAIRMAN AND MANAGING DIRECTOR DIN: 00018628 Encl. as above. Sudarshan Chemical Industries Limited Registered Office: 7th Floor, Eleven West Panchshil, Survey No 25, Near PAN Card Club Road, Baner, Pune 411 069, Maharashtra, India T: +91 20 6828 1200 | E: shares@sudarshan.com | www.sudarshan.com | shares@sudarshan.com | CIN: L24119PN1951PLC008409 Annexure A The detailed information as required under Regulation 30 of SEBI Listing Regulations, 2015 read with SEBI Circular Sr. Particulars Description 1. Reason for change viz. appointment, Resignation of Mr. Mandar Velankar as a General re-appointment, resignation, removal, Counsel and Company Secretary, Compliance death or otherwise Officer, Nodal Officer, Key Managerial Personnel and Senior Management Personnel effective close of business hours on Tuesday, 1st September, 2026, after serving notice period as per Company Policy. Accordingly, Mr. Velankar also ceased to be an official authorized to determine the materiality of an event or information and to make appropriate disclosures on a timely basis as per Regulation 30(5) of SEBI Listing Regulations, 2015. 2. date of appointment, E f f e c t i v e c l o s e o f business hours on Tuesday, re-appointment, cessation (as 1st September, 2026, after serving notice period as applicable) & term of appointment / re- per Company Policy appointment 3. Brief Profile and Qualifications (in case Not Applicable of appointment) 4. Disclosure of relationships between Not Applicable directors (in case of appointment of a director) 5. Information as required under BSE Not Applicable Circular No. LIST/COM/14/201819 and NSE Circular No. NSE/CML/2018/24 dated June 20, 2018 6. No. of Equity Shares held Mr. Velankar holds 6,581 fully paid-up Equity Shares of the Company. (Includes 3,579 Equity Shares which were allotted on 28th August, 2026 as per ESOP Plan of the Company but are currently under process of listing) Sudarshan Chemical Industries Limited Registered Office: 7th Floor, Eleven West Panchshil, Survey No 25, Near PAN Card Club Road, Baner, Pune 411 069, Maharashtra, India T: +91 20 6828 1200 | E: shares@sudarshan.com | www.sudarshan.com | shares@sudarshan.com | CIN: L24119PN1951PLC008409