Dhanuka Agritech GM Procurement Umesh Verma resigns effective Oct 15, 2026
- Umesh Verma, GM - Procurement, resigned from Dhanuka Agritech effective October 15, 2026
- Verma was designated as Senior Management Personnel (SMP) by the company
- Internal letter dated August 23, 2026, cited a 90-day notice period ending November 22, 2026
- Company confirmed early relief date of October 15, 2026, in regulatory filings
*this image is generated using AI for illustrative purposes only.
Dhanuka Agritech announced that Umesh Verma, General Manager - Procurement and designated Senior Management Personnel (SMP), resigned from his position effective October 15, 2026.
The resignation was formally communicated to the National Stock Exchange of India and BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Verma ceased to be an SMP with effect from the close of business hours on October 15, 2026.
Resignation Timeline and Notice Period
According to the internal correspondence disclosed in the filing, Verma submitted his formal resignation on August 23, 2026. In his letter addressed to MK Dhanuka and Rahul Dhanuka, he stated that he would serve a complete 90-day notice period as per his employment terms. Although the resignation letter projected a last working day of November 22, 2026, the company's regulatory filing confirms his relief date was accelerated to October 15, 2026.
Senior Management Personnel Details
The company provided specific details regarding the change in leadership in Annexure A of the disclosure:
| Particulars | Details |
|---|---|
| Name | Umesh Verma |
| Designation | General Manager - Procurement |
| Category | Senior Management Personnel (SMP) |
| Reason for Change | Resignation |
| Effective Date | October 15, 2026 |
| Brief Profile | Not Applicable |
Regulatory Compliance
The intimation was signed by Jitin Sadana, Company Secretary and Compliance Officer. The disclosure adheres to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, ensuring transparency regarding changes in key managerial personnel.
Historical Stock Returns for Dhanuka Agritech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.78% | -1.84% | -10.67% | -13.11% | -37.29% | +6.10% |
How will Dhanuka Agritech's procurement strategy and supplier relationships be impacted by the accelerated departure of its General Manager?
Who has been appointed as the interim or permanent successor to Umesh Verma, and what is their experience in agri-input procurement?
Will the early exit of a Senior Management Personnel trigger any changes in internal control assessments or audit procedures for the company?
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