Zuari Management Services Limited has confirmed that it, along with persons acting in concert, did not create any encumbrance on shares of Zuari Agro Chemicals Limited during the financial year ended 31 March 2026. The declaration, submitted to the National Stock Exchange of India Limited and BSE Limited, ensures that no new charges were placed on the shares other than those previously disclosed to the exchanges and the company. This disclosure is critical for shareholders as it provides transparency regarding the ownership status and potential liabilities associated with the shares during the specified period.

The declaration was made in pursuance of Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Gurdeep Singh, Whole-time Director of Zuari Management Services Limited, signed the declaration on behalf of the entity on 06 April 2026. The confirmation covers the entire financial year, ensuring that the shares held by the acquirer and persons acting in concert remain free from undisclosed encumbrances.

Disclosure Details

The following table summarizes the key details of the disclosure:

The letter was addressed to the Audit Committee of Zuari Agro Chemicals Limited and copied to the stock exchanges. The disclosure was signed in Gurugram.

Athar Shahab has resigned as Non-Executive Director of Zuari Agro Chemicals Limited effective June 2, 2026, due to personal and other professional commitments. The resignation was submitted to the Chairman and is effective from the close of business hours on the stated date. Shahab confirmed there are no material reasons for the resignation other than those disclosed.

Resignation Details

The departure was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shahab held the position of Non-Executive Director and tendered his resignation citing an inability to devote the required time and attention to the Company.

In his resignation letter, Shahab expressed appreciation for the support and cooperation extended by fellow Directors and the management during his tenure.