Shankar lal rampal dye chem Limited has informed stock exchanges about the resignation of Mr. Murli Atal from his position as Independent Director, effective from close of business hours on March 26, 2026. The company filed the intimation under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Resignation Details

Mr. Murli Atal, holding Director Identification Number 08150205, submitted his resignation citing professional commitments and time constraints as primary reasons. The resignation affects his position as Independent Director and his membership in all board committees where he served.

Resignation Background

In his resignation letter, Mr. Atal explained that his decision stems from evolving professional engagements in the financial advisory and assurance domain. He stated that prioritizing his professional role in accounts and accuracy would prevent him from dedicating necessary time required for directorial responsibilities. The director emphasized his commitment to avoiding any potential overlap with his professional duties.

Regulatory Compliance

As per SEBI regulations, Mr. Atal provided mandatory confirmations in his resignation letter:

• Material Reasons: He confirmed no other material reasons exist for his resignation beyond those stated
• Other Directorships: He declared holding no directorships in any other listed entity
• Committee Memberships: He confirmed no memberships in board committees of other listed entities

Board Composition Impact

The company assured that following Mr. Atal's resignation, the board composition and its committees continue to comply with applicable legal requirements. Management indicated that the vacancy will be filled in due course, subject to shareholder approval through proper procedures.

Transition Arrangements

Mr. Atal expressed gratitude to the board and management team for their support during his tenure since 2018. He committed to providing necessary assistance during the transition period to ensure smooth handover of responsibilities. The company will complete required formalities with the Registrar of Companies and inform stock exchanges within prescribed timelines.

Shankar Lal Rampal Dye-Chem Ltd has announced the renewal of its comprehensive banking facility with ICICI Bank, following a board meeting conducted on February 23, 2026. The company informed stock exchanges about the key decisions taken during the meeting in compliance with SEBI regulations.

Banking Facility Renewal Details

The board of directors approved a significant renewal of the company's financial arrangements with ICICI Bank. The facility structure includes both working capital and derivative components to support the company's operational requirements.

Board Meeting Proceedings

The board meeting was conducted efficiently, lasting only 15 minutes from 3:00 PM to 3:15 PM on February 23, 2026. During this brief session, the directors addressed multiple agenda items beyond the banking facility renewal.

Key matters considered by the board included:

• Renewal of working capital facility to ₹290 million with derivative facility from ICICI Bank
• Overall facility renewal to ₹315 million including ₹25 million derivative facility
• Noting of committee minutes and decisions

Regulatory Compliance

The company promptly communicated the board meeting outcomes to both major stock exchanges - BSE Limited and National Stock Exchange of India Limited. This disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders and regulatory authorities.

The communication was signed by Susheel Kumar Inani, Whole Time Director (DIN: 02928254), who digitally authenticated the document on February 23, 2026, at 3:17 PM. The company trades on BSE with scrip code 542232 and on NSE with symbol SRD, under ISIN INE01NE01012.