Sarda Energy & Minerals has accepted the resignation of Mr. Arup Pal from his position as President and Plant Head, IPP. The company disclosed that Mr. Pal tendered his resignation with effect from the close of business hours on August 10, 2026.

The departure follows a resignation letter dated June 9, 2026, in which Mr. Pal cited personal reasons for leaving the post of President & HOP (IPP-Binjkot) at Raigarh. He requested release by August 10, 2026, which the Board has now formalized.

Regulatory Disclosure

The company made the disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued to the Bombay Stock Exchange and the National Stock Exchange on August 14, 2026.

Mr. Manish Sethi, Company Secretary, signed the intimation letter confirming the cessation of the Senior Management Personnel.

Sarda Energy & Minerals has announced a significant upgrade in export credentials for its wholly owned subsidiary, Sarda Metals & Alloys Ltd. The Directorate General of Foreign Trade (DGFT), operating under the Ministry of Commerce & Industry, Govt. of India, has elevated the subsidiary’s status from Three Star Export House to Four Star Export House. This designation reflects the entity’s enhanced export performance and compliance with national trade standards. The certificate is valid for a period of five years, specifically from June 30, 2026, to June 30, 2031.

The upgrade underscores the subsidiary’s growing role in the parent company’s international trade operations. Four Star Export House status is a prestigious recognition in India’s foreign trade policy, often associated with higher levels of export turnover and adherence to strict regulatory guidelines. For stakeholders, this development signals continued operational strength and global market engagement by Sarda Metals & Alloys Ltd.

Certification Details

The specific parameters of the new certification are outlined below:

Sarda Energy & Minerals Ltd submitted this update to the BSE Ltd and National Stock Exchange of India Ltd on August 7, 2026. The communication was signed by Padam Kumar Jain, Authorised Signatory, requesting that the exchanges disseminate the information to all stakeholders.

Strategic Implications

Achieving Four Star Export House status typically facilitates smoother customs clearance processes and may provide access to certain government incentives designed to boost exports. While the filing does not disclose specific financial metrics tied directly to this upgrade, the recognition serves as a qualitative indicator of the subsidiary’s robust export trajectory. This milestone aligns with broader efforts by Indian manufacturing firms to strengthen their global supply chain positions and comply with international trade standards.