Gujarat ambuja exports Limited has announced the completion of tenure of its Independent Director Mr. Sandeep Mohanraj Singhi, effective 29th April, 2026. The company informed stock exchanges about this board change in compliance with regulatory requirements under SEBI Listing Regulations.

Director Tenure Completion Details

Mr. Sandeep Mohanraj Singhi (DIN: 01211070) completed his second term as an Independent Director of the company on 29th April, 2026. Consequently, he ceased to be a director with effect from close of business hours on the same date. The completion marks the end of his tenure in accordance with corporate governance norms.

Regulatory Compliance

The company has fulfilled its disclosure obligations pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed with both BSE Limited and National Stock Exchange of India Limited as required under the SEBI Listing Regulations.

Documentation and Disclosure

The company has provided detailed disclosures as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. The intimation includes comprehensive information about the cessation and has been uploaded on the company's website at www.ambujagroup.com for stakeholder reference.

The notification was signed by Company Secretary Kalpesh Dave (ACS-32878) and submitted to stock exchanges through proper channels. This board change represents a routine corporate governance matter as the director completed his permissible tenure as an independent director under applicable regulations.

Gujarat Ambuja Exports Limited has submitted its regulatory disclosure to BSE Limited on 20th April, 2026, confirming its status under SEBI's framework for fund raising by issuance of debt securities by large corporates for the financial year 2026.

Company's Non-Large Corporate Status

The company has officially confirmed that it does not qualify as a Large Corporate as per the applicability criteria outlined in SEBI Master Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated 22nd May, 2024, and related operational circulars. This classification applies to both the current financial year ended 31st March, 2026, and the previous financial year ended 31st March, 2025.

Financial Position and Credit Rating

As part of the mandatory disclosure requirements, Gujarat Ambuja Exports Limited provided key financial details in the prescribed format:

The disclosed borrowing amount of Rs. 36.33 crore represents the company's outstanding long-term borrowing (Term Loan) as on 31st March, 2026.

Regulatory Compliance Framework

The disclosure was filed in accordance with SEBI Master Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated 22nd May, 2024, Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated 10th August, 2021, and SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated 19th October, 2023. These circulars establish the framework for fund raising by issuance of debt securities by large corporates and mandate disclosure compliance by large entities.

Filing Details and Authorization

The disclosure was authorized and filed by Company Secretary Kalpesh Dave (ACS-32878) and Chief Financial Officer Giridhar Nagaraj. Since the company was not classified as a Large Corporate for the financial year ended 31st March, 2025, the requirement for filing annual disclosure pursuant to SEBI circulars for FY26 is not applicable to Gujarat Ambuja Exports Limited.