Saboo Sodium Chloro Ltd Announces Resignation of Independent Director, Kamal Sharma
Saboo Sodium Chloro Ltd has reported the resignation of Mr. Kamal Sharma from his position as an Independent Director. The decision was made due to personal reasons involving family commitments.The Board of Directors of Saboo Sodium Chloro Ltd noted the resignation following a meeting held on June 22, 2026. The departure is effective as of the close of business hours on June 10, 2026.
Mr. Sharma tendered his resignation stating that he was unable to devote the time and attention necessary for the effective discharge of his responsibilities as an Independent Director due to personal commitments.
In addition to this primary reason, Mr. Sharma confirmed that there are no other material factors contributing to his resignation. He also provided a confirmation detailing his current directorial commitments outside the company.
Key details regarding the change in directorship are summarized below:
| Particulars | Details |
|---|---|
| Director Resigning | Mr. Kamal Sharma |
| Effective Date of Resignation | June 10, 2026 |
| Reason for Change | Personal reasons involving family commitments |
| Other Listed Entities Directorships | Nil |
| Committee Positions in Listed Companies | Nil |
The company confirmed that it received assurance from Mr. Sharma that his resignation was based solely on the stated personal and family considerations, with no other material factors involved.
Stock Price Movement
Saboo Sodium Chloro Ltd settled at ₹11.86 on Tuesday, edging higher by 0.42% in post-market trading. The shares experienced intraday volatility, moving between a low of ₹11.71 and an all-time high of ₹12.10.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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