Polymac Thermoformers Announces Director Resignation of Jitendra Kumar Modi
Polymac Thermoformers Ltd confirmed the resignation of Mr. Jitendra Kumar Modi from the position of Director, effective April 7, 2026. The board recorded this resignation during a board meeting held on the same date.The resignation submission details confirm that Mr. Modi cited personal and unavoidable circumstances as the reason for his departure. He also provided a confirmation stating that there are no other material reasons for his resignation beyond those detailed in his letter.
Director Resignation Details
The information regarding the cessation of directorships was documented in the company's records.A table summarizing the key details of the resignation includes:
| Disclosure Requirement | Information of Such Event(s) |
|---|---|
| Reason for Change viz. appointment, re-appointment, resignation, removal, death or otherwise | Mr. Jitendra Kumar Modi (DIN: 05179546) has submitted his resignation as a Director of the Company with effect from 07/04/2026, made due to personal and unavoidable circumstances. |
| Date of Appointment/ reappointment/ cessation & term of appointment | 07/04/2026 |
| Letter of resignation along with detailed reasons for resignation | Enclosed as Annexure - B |
| Names of listed entities in which the resigning director holds directorships, indicating the category of directorship and membership of board committees, if any. | None |
Mr. Modi also confirmed that he holds no directorships in any other listed entities.
The resignation letter submitted by Mr. Jitendra Kumar Modi, bearing DIN: 05179546, stated that due to personal and unavoidable circumstances, he was unable to continue as Director in Polymac Thermoformers Limited.
Stock Price Movement
At the close of trade on Monday, Polymac Thermoformers Ltd settled at ₹16.60, marking no movement for the day. Throughout the session, the shares remained completely locked, trading only at the ₹16.60 level.Source:
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