MRC Agrotech Ltd Board Meeting Outcome: Director Resignation and New Appointment
MRC Agrotech Ltd announced board changes with resignation of Mr. Sanjay Kumar Singh as Non-Executive Director and appointment of Mr. Parmar Vishal Surendra as Additional Director for 5-year term, with all regulatory compliance completed under SEBI regulations.
*this image is generated using AI for illustrative purposes only.
MRC Agrotech Ltd announced significant board changes following its Board of Directors meeting held on February 24, 2026. The company approved the resignation of one director and appointed a new Additional Director, with all necessary regulatory disclosures filed under SEBI (LODR) Regulations, 2015.
Director Resignation Details
The Board accepted the resignation of Mr. Sanjay Kumar Singh (DIN: 06928519) from his position as Non-Executive Director, effective February 17, 2026. In his resignation letter dated February 17, 2026, Mr. Singh cited personal reasons for his departure and confirmed there were no other material reasons beyond those mentioned.
| Parameter: | Details |
|---|---|
| Director Name: | Mr. Sanjay Kumar Singh |
| DIN: | 06928519 |
| Position: | Non-Executive Director |
| Resignation Date: | February 17, 2026 |
| Reason: | Personal reasons |
| Listed Company Directorships: | MRC Agrotech Ltd |
The company confirmed that Mr. Singh was not related to any promoter, director, or Key Managerial Personnel of the company. His resignation was processed in accordance with regulatory requirements.
New Director Appointment
Based on recommendations from the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Parmar Vishal Surendra (DIN: 10965417) as Additional Director for a term of five years, effective February 24, 2026. This appointment is subject to regularization by the company's shareholders.
| Parameter: | Details |
|---|---|
| Director Name: | Mr. Parmar Vishal Surendra |
| DIN: | 10965417 |
| Date of Birth: | July 08, 1981 |
| Appointment Date: | February 24, 2026 |
| Term: | 5 years |
| Qualification: | Graduate |
| Experience: | Corporate Business |
| Shares Held: | 992 |
| Other Listed Directorships: | Nil |
Mr. Surendra has no relationships with other directors or Key Managerial Personnel of the company. He has not held directorships in any other listed entities and has not resigned from any listed companies in the past three years.
Board Meeting Proceedings and Compliance
The Board meeting commenced at 4:30 PM and concluded around 5:00 PM on February 24, 2026. The company filed detailed disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Company Secretary and Compliance Officer Rahul Mathur signed the official communication to BSE Limited, confirming the board's decisions and requesting the exchange to take the information on record. The company provided comprehensive annexures detailing both the resignation and appointment as required under the listing regulations.
These board changes represent part of MRC Agrotech Ltd's ongoing governance structure evolution as the company continues its operations in the agricultural technology sector.
Historical Stock Returns for MRC Agrotech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -7.96% | -12.66% | -20.18% | -11.31% | +190.95% | +424.03% |
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