Sabrimala Industries has accepted the resignation of Tapan Gupta from the positions of Chief Financial Officer and Whole Time Director, effective July 29, 2026. The company notified the stock exchanges on July 30, 2026, stating that Gupta stepped down due to pre-occupation, with no other material reasons cited for his exit.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also referenced SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, and updated circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Resignation Details

Gupta, who holds DIN 08880267, tendered his resignation to the Board of Directors on July 29, 2026. In his resignation letter, he confirmed that there are no other material reasons for his departure other than those mentioned. He requested the company to submit the necessary forms with the Registrar of Companies.

Compliance and Disclosure

Swati Goel, Company Secretary and Compliance Officer (Membership No. A33556), signed the intimation to BSE Limited and The Calcutta Stock Exchange. The company confirmed that it received assurance from Gupta that there were no undisclosed material factors influencing his decision to resign.

The announcement was issued from the company’s registered office at 109-A (First Floor), Surya Kiran Building, 19, Kasturba Gandhi Marg, New Delhi.

Vivek Raheja, along with Persons Acting in Concert (PACs) Vidit Raheja and Vanshika Raheja, has reduced their aggregate shareholding in Sabrimala Industries India Ltd by 3.34% to 6.47%. The group disposed of 2,90,778 equity shares through open market sales on the BSE on July 7 and July 8, 2026. Following these transactions, the total holding decreased from 8,55,026 shares to 5,64,248 shares.

The disclosure was submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was made based on the aggregate holding of the seller together with the PACs, in accordance with the carve-out provided in SEBI Circular No. SEBI/HO/CFD/DCR-3/P/CIR/2022/27 dated March 7, 2022, regarding System Driven Disclosures. The holdings of the PACs remained unchanged during this period.

Transaction Details

The following table outlines the key changes in the shareholding of Vivek Raheja and his PACs:

The equity share capital of Sabrimala Industries India Ltd remained unchanged at ₹8,71,45,000, comprising 87,14,500 equity shares of ₹10 each.