BSECompany Update6d ago · 25 Aug 2026, 05:56 pm
Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (LODR) Regulation, 2015, we hereby inform that Mr. Ajay Rajnikant Shah, CFO(KMP) of the company, has tendered his resignation ....
Organic Coatings Ltd · 531157
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Organic Coatings Ltd announced the resignation of its Chief Financial Officer (CFO), Mr. Ajay Rajnikant Shah, due to personal commitments, effective August 17, 2026.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Organic Coatings Ltd - 531157 - Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
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Date: 25th August, 2026
Corporate Relations Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai-400 001
Ref: - Organic Coa(cid:415)ngs Limited (SYMBOL: ORGCOAT; Scrip Code: 531157; ISIN: INE412E01011)
Subject: In(cid:415)ma(cid:415)on under Regula(cid:415)on 30 & all other applicable Regulations, if any, of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, (“Listing Regulations”) as amended from
time to time - Resigna(cid:415)on of Chief Financial Officer.
Dear Sir/Madam,
Pursuant to Regula(cid:415)on 30 read with Part A of Schedule III of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements)
Regula(cid:415)ons, 2015 (“SEBI Lis(cid:415)ng Regula(cid:415)ons”), we hereby inform that Mr. Ajay Rajnikant Shah, Chief Financial Officer (Key
Managerial Personnel – “KMP”) of the Company, has tendered his resigna(cid:415)on from the posi(cid:415)on of the Chief Financial
Officer (CFO) of the Company w.e.f. August 17, 2026 due to personal commitments.
The details as required under Regula(cid:415)on 30 of the SEBI Lis(cid:415)ng Regula(cid:415)ons read with Part A of Schedule III thereof and SEBI
circular No. SEBI/HO/CFD/PoD2/I/3762/2026 dated January 30, 2026, is annexed herewith as Annexure A.
Further, the Company has received confirma(cid:415)on from Mr. Ajay Rajnikant Shah, Chief Financial Officer that there are no
other material reasons for his resigna(cid:415)on other that those which are provided in the resigna(cid:415)on le(cid:425)er. The resigna(cid:415)on
le(cid:425)er received from Mr. Ajay Rajnikant Shah is enclosed as Annexure B, in compliance with the disclosure requirements
under Regula(cid:415)on 30 read with Clause 7C of Part A of Schedule III of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure
Requirements) Regula(cid:415)ons, 2015.
Kindly take the above informa(cid:415)on on your records.
Thanking you,
For Organic Coa(cid:415)ngs Limited
Parth Meenesh Patel
Whole-(cid:415)me director
DIN: 06714101
Encl.: As above.
Pg 1 of 2
Annexure A
Details pursuant to Regulation 30 of the SEBI LODR Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/I/3762/2026 dated
january 30, 2026:
Resigna(cid:415)on of Mr. Ajay Rajnikant Shah as Chief Financial Officer (Key Managerial Personnel) of the Company.
Sr. No. Details of event(s) that need to be Informa(cid:415)on of such event(s)
provided
1 Reason for change viz. appointment Resigna(cid:415)on of Mr. Ajay Rajnikant Shah, Chief
resigna(cid:415)on, removal, death-or Financial Officer due to personal commitments.
otherwise
2 Date of appointment/ Cessa(cid:415)on (as Resigna(cid:415)on with effect from 17th August, 2026
applicable) & term of Appointment
3 Brief profile (in case of appointment) NA
4 Disclosure of rela(cid:415)onship between NA
directors (in case of appointment of
director)
Pg 2 of 2
August 14,2026
From.
Ajay \ Shah
Wholetime Director & CFO
Organic Coatings Ltd.
The Managingllireetor
nic Coating$ Ltd.
Dear Sir,
Sub:
I will eontinue to rk as a Wholetime Firector of the Company' t
Thanking you.
Sincerely y0urs.
R) 0$[turrt
Organic Coarings L.td-