pankaj polymers has accepted the resignation of Mr. Aman Goel from the position of Non-Executive Director, effective June 29, 2026. The resignation was submitted due to a change in management. This development impacts the company's board composition as it adjusts to the management transition.

The company informed the stock exchanges regarding the cessation of the director's tenure. The disclosure was made pursuant to Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The relevant details were also submitted in reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Mr. Aman Goel confirmed that there are no claims, dues, or obligations pending from his side as of the effective date of resignation. He expressed his appreciation for the support and cooperation extended by the Board, Management, and staff during his tenure. The company has been requested to take the necessary steps to record the resignation and file the requisite statutory forms with the relevant authorities.

Resignation Details

The following table outlines the key particulars regarding the change in directorship as disclosed by the company:

The resignation was formally communicated to the Board of Directors in a letter dated June 29, 2026. Pankaj Polymers Limited has acknowledged the receipt of the resignation and confirmed its acceptance, relieving Mr. Goel of his duties and responsibilities from the aforementioned date.

Pankaj Polymers Limited has accepted the resignations of six directors and its Chief Financial Officer, effective June 19, 2026, following a significant change in the company's management structure. The departures include Managing Director Mr. Pankaj Goel and Joint Managing Director Mr. Paras Goel, alongside four other board members. The overhaul also involved the re-designation of a Whole-Time Director to a Non-Executive role and the appointment of a new internal auditor.

The Board of Directors approved the resignations during a meeting held on June 19, 2026. In addition to the Managing Director and Joint Managing Director, the board accepted the resignations of Mrs. Bhavani Gajula as Non-Executive Director, and Mr. Devesh Gupta and Mr. Ashutosh Gupta as Independent Directors. Mr. P. Hari Krishna also resigned from his position as Chief Financial Officer and Key Managerial Personnel.

All departing officials cited a change in management as the reason for their resignations. In their resignation letters, the directors confirmed there were no material reasons for their departure other than the stated management change and no pending claims, dues, or obligations. The independent directors specifically confirmed there were no concerns relating to the company's management, operations, policies, or compliance matters that prompted their resignations.

Concurrent with the departures, the board re-designated Mr. Aman Goel from Whole-Time Director to Non-Executive Director, effective June 19, 2026. The company also appointed M/S. CRA And Associates, Chartered Accountants, as the internal auditors for the financial year 2026-27. The firm, registered under number 020714N, brings experience in internal audits, risk assessment, and regulatory compliance reviews.

Management Changes Summary