SRF Limited confirmed the resignation of Geeta Shamrao Jadhav from her role as President and Chief Human Resources Officer (CHRO). The departure is effective from the close of business hours on September 23, 2026, citing personal reasons.

The company disclosed this change in senior management personnel to stock exchanges under Regulation 30 of the SEBI Listing Regulations. Jadhav’s resignation letter, dated July 1, 2026, was addressed to Joint Managing Director Kartik Bharat Ram. She stated that there were no material reasons for her exit other than those mentioned in the letter.

Regulatory disclosure and timeline

SRF Limited filed the necessary disclosures with BSE and NSE on September 23, 2026. The filing included details required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/II/3762/2026 dated January 30, 2026. The company noted that Jadhav ceased to be a Senior Management Personnel with effect from the close of business hours on the same date.

Key takeaways

• Geeta Shamrao Jadhav resigned as President and CHRO of SRF Limited due to personal reasons.
• The resignation is effective from the close of business hours on September 23, 2026.
• The resignation letter was submitted on July 1, 2026, to Joint Managing Director Kartik Bharat Ram.
• SRF Limited disclosed the change under Regulation 30 of SEBI Listing Regulations.

SRF Limited promoter group entity KAMA Realty (Delhi) Limited has intimated plans to acquire up to 32,00,000 equity shares of the chemical and polymer manufacturer. The acquisition represents up to 1.08% of the paid-up capital and will be executed through off-market transactions from KAMA Holdings Limited.

The proposed inter-se transfer is structured under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. KAMA Realty cited the creation of self-sustainable profitability and facilitation of business growth as the rationale for the transaction.

Transaction Details

The shares will be acquired in one or more tranches at a price based on the closing price on the trading day immediately prior to the execution date of each tranche. The acquirer declared that the acquisition price per share will not exceed 25% above the volume-weighted average market price computed under Regulation 10(1)(a).

The volume-weighted average market price for the 60 trading days preceding the notice date on the National Stock Exchange of India Limited was ₹2710.70 per share. The transfer is expected to occur any time after four working days from the intimation date but on or before September 30, 2026.

Shareholding Structure

The transaction involves a shift within the promoter group, with no change in the aggregate shareholding of promoters or ultimate beneficial ownership. SRF Limited will remain a subsidiary of KAMA Holdings Limited.

Individual promoter holdings for Mr. Arun Bharat Ram, Mr. Ashish Bharat Ram, and Mr. Kartik Bharat Ram remain unchanged at 0.03%, 0.01%, and 0.01% respectively.

What the Numbers Show

The total promoter group holding remains constant at 50.26% before and after the proposed transaction. This confirms the move is purely an internal restructuring within the promoter circle rather than an external dilution or consolidation event affecting public float.