Bajaj Hindusthan Sugar Nominee Director Ramani Ranjan Mishra Resigns from Board
Mr. Ramani Ranjan Mishra (DIN: 09389302), Nominee Director representing Punjab National Bank, resigned from the board of Bajaj Hindusthan Sugar Limited with effect from May 13, 2026, following his superannuation from the bank. The resignation was disclosed to stock exchanges on May 14, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Mishra had been appointed as a Nominee Director pursuant to the terms of the Master Restructuring Agreement with Punjab National Bank. The disclosure was made by Company Secretary and Compliance Officer Kausik Adhikari.
*this image is generated using AI for illustrative purposes only.
Bajaj Hindusthan Sugar Limited has informed the stock exchanges of the resignation of Mr. Ramani Ranjan Mishra (DIN: 09389302) from its Board of Directors, effective May 13, 2026. Mr. Mishra served as a Nominee Director on the board, representing Punjab National Bank, and his exit follows his superannuation from the bank. The disclosure was made on May 14, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the SEBI Listing Regulations.
Director Resignation Details
The company provided the requisite disclosures as mandated under the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2//3762/2026 dated January 30, 2026. The key details of the change in board composition are outlined below:
| Parameter: | Details |
|---|---|
| Name of Director: | Mr. Ramani Ranjan Mishra |
| DIN: | 09389302 |
| Designation: | Nominee Director (Representing Punjab National Bank) |
| Reason for Change: | Resignation due to superannuation from Punjab National Bank |
| Date of Cessation: | May 13, 2026 |
Background and Context
Mr. Mishra was originally appointed as a Nominee Director on the board of Bajaj Hindusthan Sugar Limited as per the terms of the Master Restructuring Agreement with Punjab National Bank. In his resignation letter dated May 13, 2026, addressed to the Board of Directors, Mr. Mishra confirmed his departure with immediate effect, citing his superannuation from the bank as the reason. He also acknowledged the support and assistance extended to him by the board during his tenure.
Regulatory Compliance
The intimation was submitted to both BSE Limited and the National Stock Exchange of India Limited, as required under applicable listing regulations. The disclosure was signed by Kausik Adhikari, Company Secretary and Compliance Officer (Membership No. ACS 18556), on behalf of Bajaj Hindusthan Sugar Limited. The letter of resignation along with detailed reasons has been enclosed as an annexure to the regulatory filing.
Historical Stock Returns for Bajaj Hindusthan Sugar
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.22% | -11.91% | -1.22% | -15.26% | -17.31% | +38.68% |
Will Punjab National Bank appoint a new Nominee Director on Bajaj Hindusthan Sugar's board, and how might any delay in this appointment affect the bank's oversight of its loan exposure to the company?
How could the change in PNB's board representation impact the ongoing terms or renegotiation of the Master Restructuring Agreement between Bajaj Hindusthan Sugar and Punjab National Bank?
Given Bajaj Hindusthan Sugar's history of debt restructuring, could this board-level transition signal any shift in PNB's lending strategy or risk appetite toward the sugar sector?
17
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
