Managing Director Manan Shah Resigns Effective 30 September 2026, To Continue as Non-Executive Director
Mr. Manan Shah has resigned as Managing Director, effective close of business on 30 September 2026.
By ScoutQuest · · 1 min read
- Resignation Effective Date
- 30 September 2026
- Reason for Resignation
- to pursue a bigger and more challenging professional role within the Group
- Continuation Role
- Non-Executive Director
- KMP Status Change
- will cease to be a Key Managerial Personnel from 30 September 2026
- Tenure as Managing Director
- more than 3 years
What happened
Mr. Manan Shah has tendered his resignation from the position of Managing Director of Orient Ceratech Limited, effective from the closing of business hours on 30 September 2026. In his letter he states the reason as wishing to pursue a bigger and more challenging professional role within the Group, and notes he has been Managing Director for a period of more than 3 years.
He stays on the Board
- The Board of Directors, at its meeting held on 24 September 2026, accepted and took the resignation on record.
- At the Board's request, he has agreed to continue to serve as a Non-Executive Director of the company.
- He will cease to be a Key Managerial Personnel (KMP) with effect from the same date.
Relationship disclosure
The company disclosed that Mr. Manan Shah is related to Mrs. Chaitali Salot, a Non-Executive Director of the company.
Board meeting
The Board meeting commenced at 4.30 pm and concluded at 5.30 pm.
How investors may read it
The departure of a Managing Director is a senior leadership change, which some investors watch closely for continuity of strategy and execution. Here, the stated reason is an internal move to a larger role within the Group, and the outgoing Managing Director remains associated with the company as a Non-Executive Director, which gives some continuity at Board level. The change becomes effective at the close of 30 September 2026.
More numbers
- Tenure as Managing Directormore than 3 years
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