Trident Limited has accepted the resignation of Samir Prabodhchandra Joshipura as Group Chief Executive Officer, effective September 30, 2026. The departure marks a significant leadership change for the textile and paper manufacturer.

Leadership transition details

Joshipura, who served as Key Managerial Personnel and Senior Management Personnel, tendered his resignation on September 28, 2026. In his letter addressed to Managing Director Deepak Nanda, he cited personal reasons and the need to attend to personal priorities as the primary drivers for his exit. He expressed gratitude to the directors, senior management, and the entire Trident team for their support during his tenure.

The company disclosed this development to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation was formally accepted by the company on the same day it was received.

Regulatory disclosure

The company filed the necessary disclosures with stock exchanges, providing details required under Para A of Part A of Schedule III of the SEBI LODR Regulations. The filing confirmed that Joshipura will be relieved from his official duties with effect from the closing hours of September 30, 2026. No new appointment was announced in the immediate disclosure, which focused solely on the cessation of the current Group CEO's tenure.

The resignation letter, signed by Joshipura from Ludhiana, emphasized his sincere thanks to the organization. The company secretary, Sushil Sharma, digitally signed the official communication to the exchanges, ensuring all procedural requirements for key managerial personnel changes were met.

Trident Limited appointed Amit Gupta as Chief Financial Officer and Key Managerial Person effective August 27, 2026. The Board of Directors approved the appointment during a meeting held on the same day.

The company also authorized specific Key Managerial Persons to determine the materiality of events or transactions for disclosure purposes under SEBI regulations.

Appointment Details

Gupta brings over 22 years of experience in finance, accounts, and business management. He is a Qualified Chartered Accountant and an alumnus of the Indian School of Business.

He has been associated with the Trident Group for nearly 18 years across various leadership roles. Additionally, he possesses over four years of diverse experience with other reputed organizations.

Regulatory Disclosures

The appointment was intimated under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 12:40 pm and concluded at 2:00 pm.

The following individuals are authorized to determine materiality for stock exchange disclosures:

Sushil Sharma, Company Secretary, signed the communication.