Chemplast Sanmar has accepted the resignation of V S Radhakrishnan as Non-Executive Non-Independent Director. The departure takes effect from September 15, 2026.

The company disclosed the change under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Radhakrishnan cited other professional preoccupations as the reason for stepping down.

Resignation Details

Radhakrishnan submitted his resignation letter dated September 15, 2026. The Board acknowledged receipt of the letter and confirmed the cessation date.

Regulatory Compliance

The intimation was issued to BSE Limited and National Stock Exchange of India Limited on September 16, 2026. The disclosure complies with Schedule III Part A Para A [7 & 7(C)] of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

P Srinivasan, Company Secretary and Compliance Officer, signed the communication. Radhakrishnan thanked the Board and management for their support during his tenure.

Mirae Asset Mutual Fund sold 19,983 shares of Chemplast Sanmar Limited in the open market on September 4, 2026. The transaction reduced the fund’s total holding to 381,004 shares.

The disposal was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mirae Asset Investment Managers (India) Private Limited filed the disclosure with the Bombay Stock Exchange and National Stock Exchange on September 7, 2026.

Holding Details

Prior to the sale, Mirae Asset held 400,987 shares, representing 0.25% of the company’s total voting capital. Following the disposal, the holding stands at 0.24%.

The company’s total equity share capital remained unchanged at 158,109,574 shares before and after the transaction. There were no encumbrances, warrants, or convertible securities associated with the acquirer’s holding during this period.

What the Numbers Show

The sale represents a modest reduction in exposure for the mutual fund. The drop from 0.25% to 0.24% indicates a minor portfolio adjustment rather than a significant exit, as the fund retains a small but consistent stake in the listed entity.