Jai Balaji Industries Limited has announced the resignation of two senior management personnel in compliance with SEBI disclosure requirements. The company informed the National Stock Exchange of India Limited and BSE Limited about these management changes through an official communication dated April 11, 2026.

Senior Management Departures

The company has received resignations from two key executives who cited personal reasons for their departure. Both resignations were processed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details and Timeline

Mr. Sujoy Kanti Bagchi served as President of the Sales & Marketing Department, specifically handling the Long Product Division. His resignation letter, dated November 16, 2025, indicated his last working day as April 11, 2026. Bagchi had been with the company for 4 years and 10 months, joining on January 18, 2021, with employee code 10611.

Mr. Sanjay Agarwal, who held the position of Associate Vice President in the Accounts Department, submitted his resignation on February 9, 2026, requesting release by March 16, 2026. In his resignation communication, Agarwal mentioned receiving a job opportunity with a reputed corporate house.

Regulatory Compliance

The company has fulfilled all disclosure requirements as mandated under SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Company Secretary Ajay Kumar Tantia signed the official communication, ensuring proper documentation and regulatory compliance.

The resignation letters and detailed annexures have been submitted to both stock exchanges where the company is listed, with scrip codes JAIBALAJI on NSE and 532976 on BSE. Both executives expressed their commitment to ensuring smooth transitions and completing all necessary handover formalities during their notice periods.

Jai balaji industries Limited has informed stock exchanges about receiving an ESG rating of 57 for FY2025 from NSE Sustainability Ratings & Analytics Limited. The company made this disclosure under Regulation 30 of SEBI Listing Regulations on April 3, 2026.

ESG Rating Details

The rating assessment was communicated to the company through an email dated April 2, 2026. This ESG rating reflects the company's performance across three key parameters:

Independent Assessment

Jai Balaji Industries has clarified that the company did not engage NSE Sustainability for this rating or report. The ESG assessment was conducted independently by NSE Sustainability based on information available in the public domain. This indicates that the rating agency evaluated the company's ESG performance using publicly accessible data and disclosures.

Regulatory Compliance

The company fulfilled its disclosure obligations by informing both major stock exchanges about this development:

The intimation was signed by Ajay Kumar Tantia, Company Secretary, ensuring proper authorization and compliance with regulatory requirements. This disclosure helps maintain transparency with investors and stakeholders regarding the company's ESG performance assessment.