Chairman and Independent Director C.K. Bhartia ceases to be Director on completion of second consecutive term
Suraj Products Ltd has informed BSE that Mr. Chandra Kant Bhartia has ceased to be a Director of the Company with effect from 12.09.2026.
- Director Ceasing
- Mr. Chandra Kant Bhartia
- Effective Date of Cessation
- 12.09.2026
- Category
- Non-Executive Independent Director
- Designation
- Chairman (Independent)
- Reason for Cessation
- completion of the tenure of his second consecutive term as an Independent Director
What the company disclosed
Suraj Products Ltd has informed the stock exchange that Mr. Chandra Kant Bhartia (DIN 00192694) has ceased to be a Director of the Company with effect from 12.09.2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Who has ceased to hold office
- Name: Mr. Chandra Kant Bhartia
- Category: Non-Executive Independent Director
- Designation: Chairman (Independent)
- Reason for cessation: Completion of Tenure
A scheduled end of term, not a resignation
The update states that Mr. Bhartia ceased to be a Director on account of completion of the tenure of his second consecutive term as an Independent Director. It also states that no letter of resignation or removal applies, and that there is no other material reason for the cessation other than the reason stated.
What this means in simple terms
An independent director is appointed for a fixed term, and the update describes this as the end of a second consecutive such term. In other words, this is the scheduled completion of a tenure rather than a director leaving mid-term or being asked to step down. The intimation to the exchange records the change in the board.
The disclosure table also notes the following
- Brief profile: Not applicable
- Disclosure of relationships between directors: Not applicable
- Letter of resignation/removal, if applicable: Not applicable
Investor takeaway
This is a board-change intimation. It records that the individual has ceased to be a Director and Chairman (Independent), and that the company's stated reason is the completion of his tenure. No monetary amount, shareholding change or transaction is involved in this update.
Also from Suraj Products
Executive Director Gagan Goyal ceases to be Director on completion of tenure, not re-appointed
5 Oct 2026
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