B&B Triplewall Containers has accepted the resignation of Bipin Chandrakant Betigeri from his role as General Manager Unit-1. The departure is effective September 9, 2026, due to personal reasons.

The company disclosed the change in senior management to the BSE and NSE on September 10, 2026. The intimation was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Bipin Chandrakant Betigeri submitted his resignation letter dated August 8, 2026. He cited personal reasons for stepping down from the position. The company confirmed that his tenure ended on September 9, 2026.

Ravi Agarwal, Whole Time Director and CFO of B&B Triplewall Containers, signed the regulatory filing. The disclosure included Annexure-A detailing the cessation of employment as required by SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.

The resignation does not impact the company’s operational structure beyond the specific unit leadership role. No replacement was announced in the filing.

B&B Triplewall Containers has approved the disinvestment of its entire 27% equity stake in Sharvesh Power Projects Private Limited. The decision was taken by the Board of Directors during a meeting held on September 7, 2026.

The company cited the rescission of the Power Purchase Agreement (PPA) with Sharvesh Power as the primary reason for the exit. Since the underlying purpose of the investment—procuring electricity for business operations—no longer subsists, the board deemed the disinvestment necessary.

Transaction Details

The investment was initially acquired in November 2025. According to disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the unit did not contribute to the parent company’s financials in the preceding period.

Sharvesh Power Projects was not involved in any business activity that contributed to B&B Triplewall’s turnover, revenue, income, or net worth during the financial year 2025-26. Consequently, there is no immediate impact on the consolidated revenue or profit figures for the current fiscal year.

Regulatory Compliance

The disclosure was made pursuant to SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The transaction does not fall under related-party transactions or slump sales. No specific buyer or consideration amount has been disclosed at this stage, as the agreement for sale has not yet been entered into.

Ravi Agarwal, Whole Time Director and CFO, signed the intimation to the stock exchanges.