Sylph Industries accepts resignation of Executive Managing Director

Sylph Industries Limited has accepted the resignation of Mr. Hasmukh Nanalal Shah from the position of Executive Managing Director effective the close of business hours on July 16, 2026. The Board of Directors acknowledged his departure during a meeting held on the same date, noting that the decision was driven by personal reasons and other commitments. The company has placed on record its appreciation for Mr. Shah's contributions during his tenure as a Board Member.

The resignation was intimated to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Shah confirmed that there are no material reasons for his resignation other than those disclosed in his letter. The disclosure was made in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 and SEBI Master Circular No.HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.

Resignation Details

The following table outlines the key details regarding the change in leadership:

Sr. No.	Disclosure Requirement	Details
1	Reason for change	Mr. Hasmukh Nanalal Shah (DIN-00398666) expressed his intention to resign due to personal reasons and other commitments.
2	Date of cessation	Close of business hours of July 16, 2026.
3	Directorship in other listed entities	NIL
4	Committee membership	NIL

Mr. Hasmukh Nanalal Shah does not hold directorships in any other listed entities nor does he hold memberships on any committees. In his resignation letter addressed to the Board, he stated that he would not be able to devote sufficient time to the company's affairs. He requested the Board to file the necessary intimations with the statutory authorities to give effect to his resignation.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	-7.14%	-51.85%	-62.32%	+18.18%

Sachin Singh resigned as Chief Financial Officer of sylph industries effective July 7, 2026, citing pre-occupation and personal reasons. The Board of Directors accepted the resignation, which took effect from the close of business hours on the same day. The company confirmed that there were no other material reasons for the departure.

The resignation was approved during a board meeting held on July 7, 2026. The board placed on record its appreciation for the contributions made by Singh during his tenure as Chief Financial Officer. The necessary intimations and documents will be filed with the relevant statutory authorities to give effect to the change.

The disclosure was made to BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing referenced specific SEBI circulars, including one dated July 13, 2023, and a Master Circular dated January 30, 2026.

Sylph Industries provided the required details regarding the change in key managerial personnel in an annexure to the filing. The resignation letter from Singh was attached to the regulatory submission.

The following table outlines the key details of the disclosure:

Sr. No.	Disclosure Requirement	Details
1	Reason for change	Resignation due to pre-occupation and personal reasons
2	Date of cessation	Close of business hour of July 07, 2026
3	Brief Profile	N.A.
4	Disclosure of Relationship	N.A.
5	Letter of resignation	Attached herewith

Hasmukh Nanalal Shah, Managing Director of Sylph Industries, signed the regulatory intimation on July 7, 2026. The company is headquartered at Skye Corporate Park, A.B. Road, Indore.