AksharChem (India) Limited , a prominent player in the chemical industry, has announced a significant change in its senior management. Mr. Rajesh Samal, who held the position of General Manager (Works) and was designated as Senior Management Personnel, has tendered his resignation from the company.

Resignation Details

Mr. Samal's departure from AksharChem (India) Limited is set to take effect from the closure of business hours on October 31, 2025. The company has promptly notified the stock exchanges about this change in senior management, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Reason for Departure

In his resignation letter, Mr. Samal cited family concerns as the primary reason for his decision to leave the company. He expressed his gratitude to the management and colleagues for their support and cooperation during his tenure at AksharChem (India) Limited.

Key Information

Company's Response

AksharChem (India) Limited has acknowledged Mr. Samal's resignation and is processing the necessary formalities. The company's disclosure to the stock exchanges demonstrates its commitment to transparency and compliance with regulatory requirements.

Impact and Next Steps

While the departure of a senior management personnel can potentially impact a company's operations, AksharChem (India) Limited has not provided any immediate information regarding a successor or the potential impact of Mr. Samal's resignation on the company's activities.

Investors and stakeholders of AksharChem (India) Limited will likely be keen to observe how the company manages this transition in its senior management and any subsequent appointments to fill the vacancy left by Mr. Samal's departure.

AksharChem (India) Limited has announced the resumption of production at its Green plant in Mahesana, Gujarat, following a planned shutdown for repair and maintenance. The company, known for its presence in the chemical industry, provided key details about the plant's operations and the impact of the temporary closure.

Plant Details and Shutdown Information

Impact on Company Financials

AksharChem has stated that the temporary shutdown of its Green plant does not have any material impact on the company's financials. This reassurance is likely to be welcomed by investors and stakeholders who closely monitor the company's operational efficiency and financial performance.

Significance of Timely Maintenance

The planned nature of the shutdown underscores AksharChem's commitment to maintaining its production facilities. Regular maintenance and repairs are crucial in the chemical industry to ensure:

• Optimal plant performance
• Compliance with safety standards
• Long-term operational efficiency

By proactively addressing maintenance needs, AksharChem demonstrates its focus on sustainable operations and risk management.

Conclusion

The timely resumption of operations at the Green plant signals AksharChem's operational readiness and may contribute to maintaining investor confidence in the company's manufacturing capabilities and management practices. As the chemical sector continues to play a vital role in India's industrial landscape, such operational updates provide valuable insights into the industry's dynamics and individual company strategies for maintaining competitiveness in the market.