Grauer & Weil accepts Lubricants Business Head resignation
Grauer & Weil (India) Limited has accepted the resignation of Sanjay Koul, Senior Management Personnel and Business Head – Lubricants Business, effective July 9, 2026. Koul resigned to pursue better career prospects and a higher position at another company. The intimation was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Grauer & Weil (India) Limited has accepted the resignation of Sanjay Koul from the position of Senior Management Personnel and Business Head – Lubricants Business, effective July 9, 2026. The company disclosed that Koul decided to join another organization to pursue better career prospects and a higher position. This development impacts the leadership of the lubricants division, a key segment within the company's diversified portfolio that includes chemicals, engineering, paints, and real estate.
The resignation was communicated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, submitted by Company Secretary Chintan K. Gandhi, confirmed that the cessation of duties occurred at the close of business hours on July 9, 2026. The regulatory disclosure included specific details regarding the reason for the change and the exact date of exit.
Details of Resignation
The following table outlines the key particulars of the personnel change as disclosed in the filing:
| Particular | Details |
|---|---|
| Name of the Director | Mr. Sanjay Koul |
| Reason for change | Resignation (for better career prospects and a higher position) |
| Date of cessation | With closing of business hours of July 09, 2026 |
Grauer & Weil (India) Limited operates across multiple sectors, including chemicals, engineering, paints, lubricants, and real estate. The company is headquartered at Growel Corporate, Akurli Road, Kandivli (E), Mumbai.
Historical Stock Returns for Grauer & Weil
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.24% | -4.95% | +0.08% | +8.52% | +8.52% | +16.40% |
Who will be appointed to succeed Sanjay Koul as the Business Head of the Lubricants division?
How will this leadership transition affect the company's lubricants business performance in the upcoming fiscal year?
What is the expected timeline for the company to announce a replacement for the outgoing Senior Management Personnel?
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