Saurashtra cement Limited has announced the resignation of Mr. Mahendra Nanjibhai Mehta from his position as Chairman Emeritus (Non-Executive Non-Independent Director). The resignation, effective from the close of business hours on 23rd April 2026, was formally communicated to both stock exchanges through a comprehensive regulatory filing.

Resignation Details and Documentation

Mr. Mahendra Nanjibhai Mehta, holding Director Identification Number (DIN) 00632865, submitted his resignation letter on 23rd April 2026. In his resignation letter addressed to the Board of Directors, he specifically cited ageing and health issues as the primary reasons for stepping down from his role as Chairman Emeritus.

Regulatory Compliance and Stock Exchange Notification

Saurashtra Cement Limited fulfilled its regulatory obligations by notifying both BSE Limited (Stock Code: 502175) and National Stock Exchange of India Limited (Stock Symbol: SAURASHCEM) on 23rd April 2026. The notification was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and complied with the updated SEBI Master Circular dated 30th January 2026.

Company Confirmation and Documentation

The company received formal confirmation from Mr. Mahendra Nanjibhai Mehta that there are no material reasons for his resignation beyond those mentioned in his resignation letter dated 23rd April 2026. This confirmation ensures transparency regarding the circumstances surrounding his departure and provides clarity to stakeholders about the nature of the resignation.

Leadership Transition

The resignation represents a significant transition in Saurashtra Cement Limited's leadership structure as Mr. Mehta steps down from his emeritus role. The company has provided comprehensive documentation including the original resignation letter and requisite disclosures as mandated under SEBI regulations. The formal filing included detailed annexures containing the resignation letter and complete regulatory disclosures required for director cessation events.

Saurashtra cement Limited has submitted its quarterly compliance certificate to stock exchanges and depositories, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing, dated April 09, 2026, covers the quarter and financial year ended March 31, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of SEBI regulations with both BSE Limited and National Stock Exchange of India Limited. The submission also included notifications to National Securities Depository Limited and Central Depository Services (India) Limited, ensuring comprehensive compliance across all relevant regulatory bodies.

Certificate from Registrar and Transfer Agent

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, issued the compliance certificate dated April 02, 2026. As the company's registrar and transfer agent, MUFG Intime confirmed adherence to dematerialization procedures and securities handling requirements during the specified period.

The certificate confirms that securities received from depository participants for dematerialization during the quarter ended March 31, 2026 were properly processed. All securities were confirmed to depositories within prescribed timelines, and the certificates received were appropriately mutilated and cancelled after due verification.

Dematerialization Process Confirmation

The registrar confirmed several key compliance aspects:

• Securities received for dematerialization were confirmed or rejected to depositories as required
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates were mutilated and cancelled after proper verification by depository participants
• Names of depositories were substituted in the register of members as registered owners within prescribed timelines

Corporate Information

This regulatory filing demonstrates Saurashtra Cement Limited's commitment to maintaining compliance with SEBI regulations governing depositories and participants, ensuring proper handling of securities and adherence to prescribed procedures for dematerialization processes.