Zenith Exports Limited has announced the resignation of its Independent Director Mr. Subhajeet Kar, effective March 19, 2026. The company informed both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited about this board change in compliance with regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Resignation Details

Mr. Subhajeet Kar (DIN: 07148810) submitted his resignation via email on March 19, 2026, stepping down from his position as Non-Executive Independent Director with immediate effect. The resignation was attributed to personal reasons, as stated in his communication to the board.

Committee Memberships Affected

Following his resignation from the board, Mr. Kar will also cease to hold positions on key board committees. His departure impacts the composition of two important committees within the company's governance structure.

Regulatory Compliance and Documentation

Zenith Exports Limited has fulfilled its disclosure obligations under Regulation 30 of SEBI (LODR) Regulations, 2015, in accordance with the Master Circular No. HO/49/14/14(7)2025-CFDP0D2/1/3762/2026 dated January 30, 2026, issued by the Securities and Exchange Board of India. The company provided comprehensive details as required under the SEBI circular and included the director's resignation letter as supporting documentation.

In his resignation communication, Mr. Kar confirmed that there are no material reasons for his departure other than the personal reasons mentioned in his letter. He expressed gratitude to all board members for their support during his tenure as director and requested the company to arrange necessary filings with the Registrar of Companies, Kolkata, and all regulatory authorities.

Company Secretary Confirmation

Ms. Anita Kumari Gupta, Company Secretary and Compliance Officer, signed the regulatory filing with digital authentication and confirmed that all necessary steps would be taken for compliance with regulatory authorities. The filing was digitally signed and submitted to both stock exchanges on March 19, 2026, ensuring full regulatory compliance.

Zenith Exports Limited has announced the cessation of Mr. Sanjay Kumar Shaw as Director due to his sad demise. The company was informed about his passing by family members on March 6, 2026, and made the disclosure to stock exchanges on March 7, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015.

Director Details and Tenure

Mr. Sanjay Kumar Shaw (DIN: 08507089) served as a Non-Executive Independent Director of the company. He had been associated with Zenith Exports Limited since August 12, 2019, contributing significantly to the company during his tenure as a member of the Board and various Committees.

Official Communication Timeline

The company has provided a detailed timeline showing the sequence of events from the director's passing to the regulatory disclosure in its official communication dated March 7, 2026:

Regulatory Compliance Details

The announcement was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, and SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company emphasized that the disclosure was made without any delay from the time it became aware of the event.

Company's Statement

The company expressed deep sorrow over the loss, describing Mr. Shaw's sudden and unexpected passing as an irreparable loss to the organization. All directors and employees of the company have conveyed their deep sympathy, sorrow, and condolences to his family during this difficult time.

The communication was signed by Anita Kumari Gupta, Company Secretary & Compliance Officer of Zenith Exports Limited, and sent to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited.