Delta Industrial Resources Limited (CIN: L52110DL1984PLC019625), a prominent player in the Indian industrial sector, has officially announced the resignation of its Managing Director, Jay Nath Jha, effective from December 3, 2024. This resignation was shared with the Metropolitan Stock Exchange of India Limited and BSE Limited on the same day, as per the requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The announcement of the resignation came after Mr. Jay Nath Jha submitted his resignation letter, citing personal and unavoidable circumstances for stepping down from his role as both Managing Director and Director of the company. The resignation was accepted with immediate effect, and the company has confirmed the resignation details, as required by SEBI’s Regulation 30. There were no significant reasons related to performance or conflicts mentioned in the resignation letter.

The company has adhered to the SEBI regulations by providing the necessary disclosures in their official communication, including the details of the resignation, the date of cessation, and other required information in line with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. Notably, Jay Nath Jha had no shareholding in the company, and there were no other directorial or committee memberships disclosed for him in other listed entities.

This leadership change at Delta Industrial Resources is a significant development, as it marks the end of Mr. Jha’s tenure as the Managing Director of the company. The resignation letter, dated December 3, 2024, was also shared with the Board of Directors of the company, as part of the formal communication process. In the letter, Mr. Jha expressed his gratitude and requested the company to relieve him of his duties and responsibilities immediately.

For the latest updates on corporate governance, leadership changes, and related SEBI disclosures, you can refer to our Top News Headlines and stay informed about business leadership changes in the market.

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