Accuracy Shipping Ltd has accepted the resignation of Raj Kumar Poddar as an Independent Director, effective June 12, 2026. The resignation follows Poddar attaining the age of 75 years, necessitating his step-down from the Board of Directors. Consequently, he has also ceased to be a member of the Audit Committee and the Nomination & Remuneration Committee of the Board.

The Board of Directors took the resignation on record during its meeting held on June 12, 2026. The company confirmed that there are no material reasons for the resignation other than the age-related requirement. The move is in adherence to the guidelines prescribed under Regulation 17(1A) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015.

Poddar confirmed in his resignation letter that he is stepping down to comply with regulatory requirements associated with his age. He stated that he would be vacating the office effective from the close of business hours on June 12, 2026. The company placed on record its appreciation for his contributions during his tenure.

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation included the details required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Accuracy Shipping Limited disclosed that its promoter and promoter group have not created any encumbrance on their shareholdings during the financial year ended March 31, 2026. The declaration, submitted to the stock exchanges on April 7, 2026, confirms that the shares held by the promoter group remain free of direct or indirect charges. This disclosure is significant as it assures investors of the stability of the core ownership structure during FY26.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Vinay Dinanath Tripathi, the Promoter of the Company, provided the confirmation on behalf of the promoter and promoter group. The document was submitted to the National Stock Exchange of India Limited and BSE Limited by Shivani Palan, the Company Secretary & Compliance Officer of Accuracy Shipping Limited.

Shareholding Details

The declaration included a detailed breakdown of the shareholding held by the promoter and promoter group as of March 31, 2026. The data indicates that the majority of the promoter group's shares are concentrated in the hands of the primary promoter and one other key individual, while several other group members hold zero shares.