BSECompany Update4d ago · 27 Aug 2026, 06:13 pm

Enclosed herewith the submission of fresh corporate announcement regarding the resignation of chief financial officer (CFO)

Organic Coatings Ltd · 531157

✦ AI SummaryMgmt Change

Organic Coatings Ltd. announced the resignation of its Chief Financial Officer (CFO), Mr. Ajay Rajnikant Shah, effective August 17, 2026, due to personal commitments. The company submitted a fresh corporate announcement with a clarification on the delay in submission of the intimation of resignation letter. The reason for the delay was attributed to an unintentional and inadvertent mistake.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Organic Coatings Ltd - 531157 - Submission Of Fresh Corporate Announcement Regarding The Resignation Of Chief Financial Officer (CFO)

Attachments (1)

📄

7ce0768b-52da-4d95-a7a4-27f9fc5afe22.pdf

pdf

Download →
View document text
ORGANIC COATINGS LIMITED MANUFACTURERS OF : PRINTING INKS & ALLIED PRODUCTS Registered Office : Unit No. 405, Atianta Estate Premises Co-0p. Soc. Ltd., Near Virwani Indl. Estate, Vitth Bhatti, Goregaon (East), Mumbai - 400 063, m TEL. : 022-29272114 / 40037192 E-mail: organiccoatingsltd@organiccoatingsltd.com m Web Site : www.organiccoatingslid.com CIN: L24220MH1965PLC013187 Date: 27" August, 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) Listing Regulation: Revised Intimation under Regulation 30 & all other applicable Regulations, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, on 25th August, 2026. Dear Sir/Madam, Pursuant to Regulation 30 read with Part A of Schedule 111 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), read with Part A of Schedule Il thereof and SEBI circular No. SEBI/HO/CFD/PoD2/1/3762/2026 dated January 30, 2026 and with reference to our submission dated 25" August, 2026 and your email dated 26" August, 2026 directing to submit a fresh Corporate Announcement, we wish to submit the following clarification with a fresh corporate announcement along with the reason for the delay in submission of intimation of resignation letter from Mr. Ajay Rajnikant Shah (DIN: 00011763), from the position of Chief Financial Officer (CFO) with effect from 17" August, 2026 as mentioned in his Resignation letter. 1. Reason for Delay: We would like to clarify that the delay in submission of the aforementioned disclosure within the prescribed time limit was due to: e Missed out the submission within the prescribed time limits inadvertently and unintentionally. BARODA WORKS Block No. : 395, 437, 450, Umraya Village, Taluka Padra, Dist. Vadodara. Gujarat - 391440 (INDIA) = Tel. (02662) 244080 ORGANIC COATINGS LIMITED MANUFACTURERS OF : PRINTING INKS & ALLIED PRODUCTS Registered Office : Unit No. 405, Atianta Estate Premises Co-0p. Soc. Ltd., Near Virwani Indl. Estate, Vitth Bhatti, Goregaon (East), Mumbai - 400 063, m TEL. : 022-29272114 / 40037192 E-mail: organiccoatingsltd@organiccoatingsltd.com m Web Site : www.organiccoatingsitd.com CIN: L24220MH1965PLC013187 The details as required under Regulation 30 of the SEBI Listing Regulations read with Part A of Schedule Il thereof and SEBI circular No. SEBI/HO/CFD/PoD2/1/3762/2026 dated January 30, 2026, is annexed herewith as Annexure A. We request you to kindly condone the inadvertent and unintentional delay, take the above clarification on record, and treat this intimation as compliance under the applicable provisions of the SEBI Listing Regulations. The above information will also be made available on the Company's website at www.organiccoatingsltd.com. We request you to kindly take the same on record and acknowledge the receipt. Hope you find the same in order. Thanking You, Yours faithfully, For Organic Coatings Limited PARTH MEENESH PATEL Whole-time director DIN: 06714101 Encl: as above BARODA WORKS Block No. : 395, 437, 450, Umraya Village, Taluka Padra, Dist. Vadodara. Gujarat - 391440 (INDIA) ® Tel. : (02662) 244080 ORGANIC COATINGS LIMITED MANUFACTURERS OF : PRINTING INKS & ALLIED PRODUCTS Registered Office : Unit No. 405, Atianta Estate Premises Co-0p. Soc. Ltd., Near Virwani Indl. Estate, Vitth Bhatti, Goregaon (East), Mumbai - 400 063, m TEL. : 022-29272114 / 40037192 E-mail: organiccoatingsltd@organiccoatingsltd.com m Web Site : www.organiccoatingsitd.com CIN: L24220MH1965PLC013187 AnnexureA Details pursuant to Regulation 30 of the SEBI LODR Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/1/3762/2026 dated January 30, 2026: Sr. No. | Details of event(s) that need to Information of such event(s) provided 1 Reason for change viz: Resignation of Mr. Ajay Rajnikant Shah, appointment Chief Financial Officer due to personal ) . commitments. resignation, removal, death-or otherwise 2 Date of appeintment/ Cessation Resignation with effect from 17th (as August, 2026 applicable) t&e rm-of Appointment 3 Brief profile (in case of NA appointment) 4 Disclosure of relationship NA between directors (in case of appointment of director) BARODA WORKS Block No. : 395, 437, 450, Umraya Village, Taluka Padra, Dist. Vadodara. Gujarat - 391440 (INDIA) ® Tel. : (02662) 244080 August 14, 2026 From, Ajay R, Shah Wholetime Director & CFO Organic Coatings Ltd. The Managing Director Organic Coatings Ltd. Dear Sir, Sub: Resignation from the post of Chief Financial Officer Please accept this letter as formal notification that I am resigning from my position as Chief Financial Officer (CFO) w.e.f. 17" August, 2026 due to personal commitments. | will continue to work as a Wholetime Director of the Company. | want to express my sincere gratitude to the Board and my finance team for the trust, collaboration. and support extended to me during my tenure. Thanking you. Sincerely yours. AT AY R fu— Ajay R. Shah Wholetime Director & CFO S Organic Coatings Ltd. U August 14, 2026 From, Ajay R. Shah Organic Coatings Ltd. To. * The Managing Director Organic Coatings Ltd. Dear Sir, Sub: Declaration 1 hereby declare that there are no material reasons of my resigning from the position as Chief Financial Officer (CFO) of the Company other than those which are provided in my resignation letter. Thanking you, Sincerely yours, DIV LAY Ajay R. Shah Organic Coatings Ltd.