BSEAGM/EGM19h ago · 2 Oct 2026, 05:52 pm
Enclosed herewith disclosure under SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2025, Cessation of Director- Mr. Ajay Rajnikant Shah, as his reappointment liable to retirement by rotation, not approve by shareholders at 61st Annual General Meeting.
Organic Coatings Ltd · 531157
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Organic Coatings Ltd has announced the cessation of Director Mr. Ajay Rajnikant Shah due to non-approval of his reappointment by shareholders at the 61st Annual General Meeting.
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Organic Coatings Ltd - 531157 - Shareholder Meeting / Postal Ballot-Outcome of AGM
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Date: 02nd October, 2026
Corporate Relations Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai-400 001
Ref: - Organic Coatings Limited (SYMBOL: ORGCOAT; Scrip Code: 531157; ISIN: INE412E01011)
Sub.: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 /- Cessation of Director - Mr. Ajay Rajnikant Shah
Dear Sir/Madam,
Pursuant to the applicable requirements of Regulations 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), we hereby inform you that
the ordinary resolution relating to the re-appointment of Mr. Ajay Rajnikant Shah (DIN:
00011763), Whole-time Director of the Company, as a Director liable to retire by rotation, was
placed before the shareholders at the 61st Annual General Meeting of the Company held on 29th
September 2026 and was not approved by the shareholders. Accordingly, Mr. Ajay Rajnikant Shah
has ceased to hold o(cid:132)ce as a Director of the Company with e(cid:131)ect from the conclusion of the 61st
Annual General Meeting held on 29 September 2026. Consequently, he has also ceased to hold
o(cid:132)ce as the Whole-time Director of the Company with e(cid:131)ect from the conclusion of the said
Annual General Meeting.
Further, pursuant to the provisions of Regulation 30 read with Schedule III of the SEBI (LODR)
Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD- OD2/I/3762/2026
dated January 30, 2026 (“SEBI Circular”), as amended from time-to-time additional details are
given in “Annexure-A”.
The above information is received on October 01, 2026 at 03:46 P.M.
We hope that you would find the above in order and request you to take the above disclosure
on records.
Thanking you.
Yours faithfully
For Organic Coatings Limited
Parth Meenesh Patel
Whole-time director
DIN: 06714101
Annexure-A
Disclosure pursuant to Regulation 30 of the Listing Regulations read with the SEBI Master
Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026
Sr. Particulars Details
1 Name Mr. Ajay Rajnikant Shah (DIN: 00011763)
2 Reason for change viz. appointment, re- The reappointment of Mr. Ajay Rajnikant
appointment, resignation, removal, Shah, [the Whole-time Director], as a
death or otherwise. director of the Company, liable to retire by
rotation, has not been approved by the
shareholders of the Company at the 61st
Annual General Meeting (AGM) of the
Company held 29th September, 2026.
3 Date of appointment/re- 29th September, 2026
appointment/cessation
On the conclusion of the AGM held on 29th
September, 2026 and based on the voting
result of AGM submitted vide Scrutiniser’s
report dated 01st October, 2026
4 Brief profile (in case of appointment); Not Applicable
5 Disclosure of relationships between Not Applicable
directors (in case of appointment of a
Director)