Independent Director resigns with effect from close of business hours on 3rd November, 2026
Dhampure Speciality Sugars has informed the exchanges that Mr. Mohd Arshad Suhail Siddiqui (DIN: 06675362), Non-Executive Independent Director, has tendered his resignation.
By ScoutQuest · · 1 min read
- Director DIN
- DIN: 06675362
- Resignation Effective Date
- close of business hours on 3rd November, 2026
- Committee Chairmanships Ceased
- Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee
What the company told the exchanges
Dhampure Speciality Sugars has informed BSE that Mr. Mohd Arshad Suhail Siddiqui (DIN: 06675362), a Non-Executive Independent Director on its Board, has tendered his resignation from the office of Independent Director.
The change takes effect from the close of business hours on 3rd November, 2026.
Why he resigned
- The reason given is personal and professional commitments.
- The resignation letter, reproduced in the update, carries his confirmation that there are no other material reasons for stepping down apart from the one stated.
- He has thanked the Directors and Key Managerial Personnel for their support during his tenure on the Board.
What else changes
Because he is leaving the Board, he also ceases to be the Chairman of three Board committees with effect from the same time:
- the Audit Committee,
- the Nomination and Remuneration Committee, and
- the Stakeholders Relationship Committee.
How to read this
The Audit Committee is the board committee that oversees financial reporting and internal controls, so a change in its chairmanship is a governance development worth noting. The company has disclosed the change along with the director's own letter and his confirmation that no material reason other than personal and professional commitments lies behind it.
For a retail investor, the practical follow-up is who the company names to the Board and to the chairmanship of these committees next, since an independent director also counts towards the board's mix of independent and executive members.
Also from Dhampure Specialty Sugars
Board reconstitutes Audit, Nomination & Remuneration and Stakeholder's Relationship Committees
3 Nov 2026
Board appoints Dr. Ravinder Nath Batta as Additional Independent Director, Non-Executive
3 Nov 2026
Q2 FY27 results approved; Additional Independent Director appointed, one Independent Director resigns
3 Nov 2026
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