United Polyfab Gujarat Limited has disclosed that three non-executive/off-board directors have tendered their resignations, effective September 29, 2026. Payal Jangir, who served as an Independent Director, along with Rohit Ashokkumar Agarwal and Naresh Kumar Mistri, both holding roles as Additional Directors, have stepped down and relinquished their positions on all board committees. The company notes that the resignations were filed with personal reasons cited by the directors, and a copy of the resignation letters accompanies the notice.
In its accompanying disclosure, the board places on record its appreciation for the valuable guidance and contributions provided by Payal Jangir, Rohit Ashokkumar Agarwal, and Naresh Kumar Mistri during their association with the company. While the immediate governance implications are being assessed, their exit creates an opportunity for fresh perspectives to join the board as the company progresses on its strategic agenda.
The withdrawals leave the board to navigate a recalibration of its independence and oversight at a moment that typically invites renewed focus on governance and succession planning. With three independent or non-executive directors stepping down,stakeholders will be watching how quickly the company identifies suitable replacements and how the new appointments align with its long-term priorities.
As United Polyfab charts the next phase of its governance, the market will be looking for clarity on the board’s forthcoming composition and the reinvigorated oversight that will guide the company’s strategy and performance in the months ahead.