In a governance move that underscores continuity at Responsive Industries Limited, Sanjiv Swarup has tendered his resignation as a Non-Executive Independent Director, effective October 22, 2026. The notice also takes him off the various board committees on which he served, marking a notable rotation in the company’s leadership belt as it advances its governance agenda.
In his resignation letter, Mr. Swarup cites personal and professional reasons, along with unavoidable circumstances and a statutory limit on the number of directorships he can hold. He confirms there are no other material reasons beyond those stated. The company notes that there are no additional material explanations beyond the ones provided in his letter, a sense reinforced by the accompanying annexures.
Annexures accompanying the disclosure reveal that Mr. Swarup has held independent-director roles across multiple listed entities, including Josts Engineering Company Limited, Bharat Wire Ropes Limited, Abans Enterprises Limited, Prime Fresh Limited, Team India Guaranty Limited, Comfort Fincap Limited, and Responsive Industries Limited itself, among others. In the case of Responsive Industries, he served as Audit Committee Chair and Nomination and Remuneration Committee Chair, and as a member of the Corporate Social Responsibility Committee. The board conveyed its gratitude for his guidance and contributions during his tenure and will pursue a smooth transition as it navigates the leadership change.