Bombay Dyeing has accepted the resignation of Rohit Santhosh as Chief Executive Officer of Bombay Realty, effective July 31, 2026. The departure marks a leadership change within the company’s realty division as Santhosh leaves to pursue a specific leadership role outside the organization. This transition affects the senior management structure of one of India’s diversified conglomerates.

The intimation was filed with the Bombay Stock Exchange and the National Stock Exchange of India Ltd. under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The disclosure was made pursuant to SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Sanjive Arora, Company Secretary of The Bombay Dyeing and Manufacturing Company Limited, signed the communication on July 31, 2026.

Rohit Santhosh tendered his formal resignation letter on May 4, 2026, addressed to the Vice Chairman of Bombay Dyeing. In the letter, he cited his decision to step down purely for a specific leadership role outside the organization. He expressed gratitude for the support and empowerment received during his tenure and committed to ensuring a smooth and orderly transition of responsibilities before his exit date.

Resignation Details

Santhosh served as a Senior Management Personnel within the company. His resignation letter highlighted the professional and personal learning experiences gained during his time leading the organization. He emphasized his commitment to facilitating the handover of his responsibilities in the best interests of the company until his final day.

The Board of Directors noted the resignation and confirmed that Santhosh would be relieved from services at the close of business hours on July 31, 2026. No immediate successor was named in the disclosure. The company continues to operate its various business units, including Britannia, NPL, and Bombay Realty, amidst this management transition.

The Supreme Court has issued a notice regarding the civil appeal filed by the Securities and Exchange Board of India (SEBI) against Bombay Dyeing and others. The notice was issued on July 15, 2026, following a hearing on July 13, 2026, concerning an appeal against an order passed by the Securities Appellate Tribunal (SAT). The development is significant as it determines the regulatory standing of the company following the SAT's decision to set aside the earlier SEBI order.

The Hon'ble Supreme Court has directed the company and other involved parties to file their replies in response to the appeal. The court's order, uploaded on its website, confirms that the proceedings are active. Crucially, the court has not granted any stay against the operation of the order passed by the Securities Appellate Tribunal, allowing the previous tribunal ruling to remain in effect for now.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company referenced its earlier disclosure dated May 7, 2026, which pertained to SEBI filing the civil appeal before the Supreme Court. The appeal challenges the SAT's decision to set aside the SEBI order that had been passed inter-alia against the company.

The matter is scheduled to be listed in due course as the legal process continues. The company stated that it will continue to keep the stock exchanges informed of any further material developments. The updates will be provided in accordance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.