Insecticides (India) VP-Sales & Marketing Sanjay Vats resigns effective May 13, 2026
Insecticides (India) Limited announced the resignation of Mr. Sanjay Vats from the position of VP-Sales & Marketing and as Director of wholly owned subsidiary Kaeros Research Limited, effective May 13, 2026, due to personal reasons. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Mr. Vats has consequently ceased to be Senior Management Personnel under Regulation 16(1)(d) of the SEBI Listing Regulations.
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Insecticides (India) Limited has announced the resignation of Mr. Sanjay Vats from the position of VP-Sales & Marketing. The resignation, effective May 13, 2026, was submitted due to personal reasons and accepted with immediate effect. Consequently, Mr. Vats has ceased to be Senior Management Personnel in accordance with Regulation 16(1)(d) of the SEBI Listing Regulations. The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
In addition to his role at the parent company, Mr. Vats has also stepped down from the office of Director at Kaeros Research Limited, a wholly owned subsidiary of Insecticides (India) Limited, formerly known as Kaeros Research Private Limited. The resignation was received and approved by the authorities on May 13, 2026.
The company confirmed that the requisite disclosures, including the resignation letter, have been annexed to the regulatory filing. The resignation letter explicitly states that there are no other material reasons for the decision other than the personal reasons cited. Mr. Vats expressed his gratitude to the management for the trust and support extended during his tenure, and requested the management to complete all necessary intimations and filings with the statutory and regulatory authorities as required under applicable laws.
Key Details of Resignation
The following table summarises the key disclosures made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:
| S. No. | Disclosure Requirement | Details |
|---|---|---|
| 1 | Reason for Change | Resignation due to personal reasons. |
| 2 | Date of Cessation | May 13, 2026 |
| 3 | Brief Profile | Not Applicable |
| 4 | Disclosure of Relationships | Not Applicable |
Insecticides (India) Limited has requested the stock exchanges to take the information on record and will complete all necessary intimations and filings with the statutory and regulatory authorities as required under applicable laws.
Historical Stock Returns for Insecticides
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.97% | +0.40% | +6.91% | +8.38% | +1.39% | +103.34% |
Who will Insecticides (India) Limited appoint as the new VP-Sales & Marketing, and how might the leadership transition impact the company's sales strategy in the agrochemical sector?
How could the vacancy in senior sales leadership affect Insecticides (India) Limited's revenue targets and market share during the upcoming Kharif season?
What are the potential implications for Kaeros Research Limited's operations and strategic direction following Mr. Vats' simultaneous departure from its board?
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