TCI Industries Limited has announced the resignation of Mr. Sunil Kamalakar Warerkar from the position of Whole Time Director, designated as Executive Director. The company's Board of Directors approved the resignation during a meeting held on Tuesday, 19 May 2026. The decision was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Warerkar's resignation is effective from the closing hours of 30 June 2026. He submitted his resignation letter, dated 31 March 2026, citing personal reasons for stepping down. The Director Identification Number (DIN) for the outgoing director is 02088830. The company has confirmed that the necessary disclosures have been attached and the information is available on its official website.

Resignation Details

The resignation follows previous discussions held during a Board meeting on 14 November 2025. At that time, Mr. Warerkar had initially requested to be relieved effective 31 December 2025. However, following discussions with the management, he agreed to continue his tenure until 30 June 2026.

In his resignation letter, Mr. Warerkar expressed gratitude to the company promoters and the Board for the support and guidance received during his service. He also noted that he is leaving the company with a strong financial position compared to earlier years, highlighting a record revenue of Rs. 5 Cr + and an estimated net profit for the year.

Key Timeline

The outgoing director wished the company success in its ongoing legal matters and expressed hope for the monetization of assets and increased revenue in the fiscal year 2026-27.

TCI Industries Limited has filed its quarterly regulatory certificate with BSE Limited, confirming compliance with SEBI Depositories and Participants Regulations for the quarter ended March 31, 2026. The submission represents the company's adherence to mandatory quarterly reporting requirements under securities market regulations.

Regulatory Certificate Details

The certificate was issued under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Bigshare Services Pvt. Ltd., serving as the company's registrar and transfer agent, provided the certification confirming operational status during the reporting period.

Dematerialisation Activity Status

The certificate confirms that no dematerialisation requests for equity shares were received during the quarter ended March 31, 2026. This indicates stable shareholding patterns with no conversion requests from physical to electronic form during the three-month period.

Filing and Compliance

Company Secretary and Compliance Officer Anisha Dad (Membership Number: A76458) signed and submitted the certificate to BSE Limited on April 15, 2026. The document was filed from the company's Mumbai office, ensuring timely compliance with regulatory deadlines.

The submission includes the registrar's confirmation letter dated April 6, 2026, providing official verification of the nil dematerialisation activity during the specified quarter. This regulatory filing maintains TCI Industries Limited's compliance status with SEBI depositories regulations.