Pankaj Polymers has announced the resignation of its Company Secretary and Compliance Officer, Shashank Jain. The departure, effective October 22, 2025, comes as Jain pursues a new career opportunity in a different industry.

Resignation Details

According to the company's filing with the Bombay Stock Exchange (BSE), Jain submitted his resignation on October 21, 2025. In his resignation letter, Jain expressed gratitude for his tenure with Pankaj Polymers, noting the company's adherence to compliance and governance standards.

Key Points of the Resignation

Company's Statement

Pankaj Polymers confirmed that there are no material reasons for the resignation other than Jain's desire to pursue an alternate career opportunity. The company has not yet announced a successor for the position.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pankaj Polymers has provided the necessary disclosures as required under the regulatory framework, including the resignation letter and details of Jain's departure.

This development marks a change in the key managerial personnel of Pankaj Polymers. As the company transitions to new leadership in this crucial compliance role, stakeholders will be watching for any potential impacts on the organization's governance structure.

Pankaj Polymers Limited has announced a significant change in its top management. T. Brahmaiah, the company's Chief Financial Officer (CFO), has resigned from his position, marking the end of his tenure with the plastic manufacturing firm.

Resignation Details

According to the company's official communication to the Bombay Stock Exchange (BSE), Mr. Brahmaiah's last day of service was August 15, 2025. The resignation was initially intimated to the stock exchange on August 6, 2025, in compliance with the Securities and Exchange Board of India (SEBI) regulations.

Reason for Departure

In the disclosure provided to the BSE, Pankaj Polymers stated that Mr. Brahmaiah's decision to resign was driven by his desire "to pursue a new career opportunity outside the Organization." The company further clarified that there were "no other material reasons other than to pursue an alternate career opportunity in a different industry outside the Organization."

Regulatory Compliance

The company has adhered to the regulatory requirements by submitting the necessary details as per Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. This includes providing a copy of Mr. Brahmaiah's resignation letter to the stock exchange.

Company's Response

Pankaj Polymers' management has not announced an immediate replacement for the CFO position. The company's prompt disclosure and compliance with SEBI regulations demonstrate its commitment to transparency in corporate governance.

About Pankaj Polymers Limited

Pankaj Polymers Limited, headquartered in Secunderabad, Telangana, is engaged in the plastic manufacturing industry.

As the company transitions through this change in its financial leadership, stakeholders will be keenly watching for any updates on the appointment of a new CFO and the potential impact on the company's financial strategy going forward.