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Rana Sugars Announces Resignation of Senior Management Personnel
Team Finance Saathi
18/Dec/2024
What's Covered under the Article:
- Rajeev Agarwal, Vice President (HR), resigns from Rana Sugars due to personal reasons.
- Resignation effective from December 18, 2024.
- The company complies with SEBI regulations, providing details of the change in senior management.
Rana Sugars Limited has officially notified the resignation of Mr. Rajeev Agarwal, the Vice President (HR) and a Senior Management Personnel (SMP) of the company, effective from December 18, 2024. Mr. Agarwal has decided to resign due to personal reasons. This development has been communicated to the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Details of the Resignation:
- Position Held: Vice President (HR)
- Reason for Resignation: Personal reasons
- Effective Date: December 18, 2024
- Compliance: The resignation has been disclosed as per SEBI regulations with the required details provided in Annexure I of the filing.
Rana Sugars has ensured full compliance with SEBI Listing Regulations, particularly Schedule III and the SEBI Circular dated 13th July 2023, by submitting the necessary documentation, including the resignation letter from Mr. Rajeev Agarwal, which is also enclosed in the filing.
Company Overview:
Rana Sugars Limited, incorporated in Chandigarh, India, is a prominent player in the sugar production industry. The company has a strong focus on corporate governance and ensures adherence to SEBI regulations in all its disclosures. As per the regulations, the company continues to provide timely updates to stakeholders regarding any significant personnel changes, including those at the senior management level.
For more details about the company and its governance, visit the official Rana Sugars website.
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