Chairperson resigns from the post; continues as Non-Executive Independent Director
Sonali Bhawati Dalal has resigned from the position of Chairperson of the Board of Interarch Building Solutions, effective from the close of business hours on 04th November' 2026.
By ScoutQuest · · 2 min read
- Effective Date
- close of business hours on 04th November' 2026
- Continuing Role
- Non-Executive Independent Director
- Scope of Change
- limited to the Chairperson's post
What the company informed the exchanges
Interarch Building Solutions has informed the NSE and BSE that Ms. Sonali Bhawati Dalal, Chairperson of the Board and an Independent Director, has tendered her resignation from the position of Chairperson of the Board.
- The resignation is from the Chairperson's post only.
- It takes effect from the close of business hours on 04th November' 2026.
- She will continue to serve as a Non-Executive Independent Director of the company.
What changes and what does not
The change is limited to who chairs the board. Ms. Dalal stays on the board in the same independent, non-executive capacity and will discharge her duties, responsibilities and obligations as a director in accordance with the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The company's letter to the exchanges records the resignation from the position of Chairperson, while she continues as a Non-Executive Independent Director.
- Her own letter to the board states that her resignation "is restricted solely to the position of Chairperson of the Board" and "shall not affect" her existing position as a Non-Executive Independent Director.
- In the disclosure table, the term against the resignation is shown as "Not Applicable".
What happens next at the board
She has requested the board to take note of her resignation from the position of Chairperson and to take the necessary steps to give effect to it. That request is recorded in her letter addressed to the Board of Directors.
What she said in her letter
She placed on record her sincere gratitude to the members of the Board, the management and the entire team of the company for their cooperation, support and valuable association during her tenure as Chairperson. She also stated that she remains committed to contributing to the company's growth, corporate governance and overall development in her continuing capacity as a Non-Executive Independent Director.
How a retail investor can read this
A change of Chairperson is a change at the top of the board's seating arrangement, but here the person remains on the board as an independent director. The company's board therefore keeps the same independent directorship she held, and the update records the effective date of the change as 04th November' 2026.
Also from Interarch Building Solutions
Corporate EHS Head appointed as Senior Management Personnel
4 Nov 2026
Manish Kumar Garg elevated from Executive Director & CEO to Managing Director & CEO
4 Nov 2026
Change in Designation: Arvind Nanda now Whole-Time Director designated Executive Chairperson
4 Nov 2026
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