Ardee Industries confirmed the resignation of Sanjeev Sharma, General Manager-HR & Admin, effective the closing of business hours on September 29, 2026. The departure was communicated to stock exchanges under SEBI listing norms.

The company stated that Sharma tendered his resignation citing personal and professional reasons. As a Senior Management Personnel (SMP), his exit triggers mandatory disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory disclosure details

The intimation was filed with BSE and NSE on September 30, 2026. The company enclosed the resignation letter and specific details required by the SEBI Master Circular dated January 30, 2026.

Resignation specifics

In the resignation letter addressed to Sandeep Grover and Nikunj Agarwal, Sharma requested that September 29, 2026, be considered his last working day until 6 pm. He expressed wishes for the organization's continued growth in his farewell note.

Ardee Industries, formerly Ardee Industries Private Limited, operates in the recycled resources sector with facilities in New Delhi and Tirupati. The company did not disclose any financial impact associated with this management change.

Ardee Industries Limited has announced the closure of its trading window for designated persons and their immediate relatives effective October 1, 2026. This restriction is imposed to prevent insider trading during the sensitive period leading up to the release of the company's financial performance for the quarter and half year ended September 30, 2026.

The trading window will remain closed until the conclusion of 48 hours after the declaration of the un-audited financial results for Q2FY27. This measure aligns with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and the company's internal Code of Conduct.

Regulatory Compliance and PAN Freezing

In accordance with SEBI circular no. SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 dated July 19, 2023, the Permanent Account Numbers (PANs) of all designated persons associated with Ardee Industries will be frozen by the National Securities Depository Services Limited (NSDL). This freezing mechanism ensures that no trades in the equity shares of the company can be executed by these individuals during the specified blackout period.

The company stated that the date for the Board Meeting to approve the said results will be intimated to the stock exchanges in due course. The filing was submitted to both BSE Limited and the National Stock Exchange of India Limited on September 26, 2026.

Key Details of the Trading Window Closure

This procedural step ensures that material non-public information regarding the company's quarterly earnings remains protected until it is publicly disclosed.