Non-Executive Independent Director Sanjiv Swarup tenders resignation
Mr. Sanjiv Swarup, Non-Executive Independent Director, has tendered his resignation with effect from October 22, 2026.
By ScoutQuest · · 2 min read
- Resignation Effective Date
- October 22, 2026
- DIN
- 00132716
- Committee Roles Held
- Chairman of Audit Committee and Nomination and Remuneration Committee; Member of Corporate Social Responsibility Committee
What happened
- Mr. Sanjiv Swarup (DIN: 00132716) has tendered his resignation as a Non-Executive Independent Director of Responsive Industries Ltd.
- His resignation letter is dated October 22, 2026, and the resignation takes effect from October 22, 2026.
- His membership and chairmanship of the board's committees ends along with the directorship.
Where he sat on the company's committees
- Audit Committee: Chairman
- Nomination and Remuneration Committee: Chairman
- Corporate Social Responsibility Committee: Member
What the update says about the reason
The disclosure records Mr. Swarup's confirmation that there are no material reasons for his resignation other than those mentioned in his resignation letter, which is enclosed with the update as Annexure 1. The board has thanked him for his guidance and valuable contribution during his tenure as a Non-Executive Independent Director.
His other listed-company directorships
The disclosure lists the listed entities where he holds directorships, all as a Non-Executive Independent Director:
- Josts Engineering Company Ltd, where he chairs the Audit Committee, the Nomination and Remuneration Committee and the Share Transfer Committee.
- Bharat Wire Ropes Ltd, where he chairs the Audit Committee, the Corporate Social Responsibility Committee, the Independent Directors Committee and the Fund Raising Committee.
- Abans Enterprises Ltd, Prime Fresh Ltd, Team India Guaranty Ltd and Comfort Fincap Ltd.
How to read this
- An independent director stepping down is a board-level change, not an operational one: it does not change the company's business, orders or finances by itself.
- The two committees he chaired at the company, the Audit Committee and the Nomination and Remuneration Committee, are key governance committees, so the company will need to reconstitute them.
- The update records his confirmation that there are no material reasons beyond those in his resignation letter, which is the standard confirmation an independent director gives when resigning.
Also from Responsive Industries
Board meeting on October 30, 2026 to approve September quarter and half-year results
23 Oct 2026
Promoter group entity releases pledge on 10,00,000 shares, creates pledge on 10,00,000 shares
15 Oct 2026
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