HEG accepts resignation of President - Investor Relation Salil Bawa
- HEG accepts resignation of Salil Bawa as President - Investor Relation
- Effective date of separation is September 14, 2026
- Company waives notice period obligation for Bawa
- Filing made under SEBI Regulation 30 listing norms

*this image is generated using AI for illustrative purposes only.
HEG Advanced Materials Limited accepted the resignation of Salil Bawa from the role of President - Investor Relation on September 14, 2026. Bawa, a member of the Senior Management Personnel, ceased to hold the position with effect from that date.
The company disclosed the development in a filing with stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bawa had submitted his resignation via email on September 12, 2026.
Resignation Details
Bawa described the decision as painful and difficult in his resignation email addressed to Riju Jhunjhunwala. He expressed gratitude for the mentorship and opportunity provided during his tenure.
The management reviewed the resignation and decided to accept it. The company waived Bawa’s contractual liability to serve the remaining notice period. His last working day was set at closing hours on September 14, 2026.
Post-Employment Obligations
The acceptance letter, signed by Group CHRO Rahjan Sarkar, confirmed that post-employment obligations remain binding. These include confidentiality, non-disclosure, and non-solicitation clauses stipulated in Bawa’s appointment letter.
The management recorded its appreciation for Bawa’s contributions and wished him success in future endeavors.
Historical Stock Returns for HEG
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | -66.47% | -65.30% | -54.49% | -53.39% | 0.0% |
Will HEG Advanced Materials appoint an internal successor or hire externally to fill the President - Investor Relations vacancy?
How might this leadership change impact HEG's upcoming investor presentations and capital market engagement strategies?
Are there any pending regulatory filings or investor communications that could be delayed due to the abrupt departure?


































