Hexagon Nutrition Ltd accepted the resignations of Executive Director Subhash Purushottam Kelkar and Non-Executive Director Aditya Kelkar from its board effective July 6, 2026. The directors stepped down following the complete divestment of their shareholding in the company. Both individuals were selling shareholders in the recently concluded initial public offering (IPO) and have fully exited the company.

The company disclosed the changes in a regulatory filing submitted to BSE Limited and National Stock Exchange of India Limited. The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignations were recorded by Company Secretary and Compliance Officer Vedanti Swapnil Vartak.

In their resignation letters, both directors confirmed they no longer hold any shares in the company as of the resignation date. They stated their departure was appropriate given the agreed terms and applicable requirements following the IPO. The directors affirmed there were no other material reasons for their resignations beyond the share divestment.

Subhash Purushottam Kelkar and Aditya Kelkar confirmed they will remain bound by the terms of a Non-Compete Agreement dated April 20, 2026. This agreement includes provisions related to confidentiality, non-compete, and non-solicitation obligations for the duration agreed upon by the parties. The company acknowledged the contributions made by both directors during their respective tenures.

The details of the director changes were provided in Annexure A to the regulatory filing. The company requested the exchanges to take the information on record and file the necessary intimations with the Registrar of Companies and other regulatory authorities.

Director Resignation Details