Two Senior Management Personnel resign; both relieved w.e.f. November 06, 2026
Mayur Uniquoters' Senior Management Personnel resign: Assistant General Manager-Export OEM Vikrant Mathur (to pursue new opportunities) and Assistant General Manager-Project (Civil) Rakesh Kumar Saxena (personal reasons).
By ScoutQuest · · 2 min read
- Person 1 - name and designation
- Vikrant Mathur, Assistant General Manager-Export OEM
- Person 2 - name and designation
- Rakesh Kumar Saxena, Assistant General Manager-Project (Civil)
- Effective date of cessation
- close of business hours of November 06, 2026
What the company disclosed: Mayur Uniquoters intimated the stock exchanges, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that two of its Senior Management Personnel have resigned. The disclosure names both individuals, their designations, the reasons given, and the date from which the cessation applies, and encloses their signed resignation letters.
Who resigned
- Mr. Vikrant Mathur, Assistant General Manager - Export OEM. The stated reason is to pursue new opportunities.
- Mr. Rakesh Kumar Saxena, Assistant General Manager - Project (Civil). The stated reason is personal reasons.
When it takes effect: Both resignations are effective from the close of business hours of Friday, November 06, 2026 - the same date as the intimation. The company has accepted both resignations and relieved both persons from their duties with effect from the close of business hours of November 06, 2026. Each resignation letter carries an acceptance marking alongside the signature of the resigning officer.
How the disclosure is laid out: The Regulation 30 annexure records, for each person, the name, the reason for change (resignation), and the date of cessation. Against the rows for brief profile and disclosure of relationships between directors, the annexure states Not applicable for both individuals, which corresponds to these being cessations of Senior Management Personnel rather than appointments of directors.
What it means for the business
- The two roles concerned are functional positions - export OEM and project (civil) - designated as Senior Management Personnel of the company.
- Both exits are dated to the same day and take effect immediately on the close of business hours of that day.
- The reasons given are individual in nature: new opportunities in one case, personal reasons in the other.
- The update records the two positions that fall vacant with effect from that date.
How to read it: A change in senior management is information investors typically track because these roles sit close to day-to-day operations in their respective functions. Two exits disclosed together on the same date, effective the same day, are the kind of event that can draw attention to how the company staffs and transitions those functions. The stated reasons are personal to each individual, and the disclosure is a factual intimation of the cessation of their roles as Senior Management Personnel.
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