Organic Coatings shareholders did not approve Ajay Rajnikant Shah’s reappointment as a director at the company’s 61st annual general meeting on September 29, 2026, according to a BSE filing dated October 2, 2026. He consequently ceased to hold office as both a director and whole-time director from the conclusion of the meeting.

The company had placed an ordinary resolution before shareholders seeking Shah’s reappointment as a director liable to retire by rotation. The resolution was not approved, resulting in the cessation disclosed to the exchange.

The filing identifies Ajay Rajnikant Shah by Director Identification Number 00011763. It explicitly links the end of his whole-time directorship to his cessation as a director following the shareholder vote.

Cessation effective from September 29 AGM

The effective date of the board change is September 29, 2026, when the AGM concluded. This is distinct from the October 2 date of the company’s disclosure to BSE.

In its accompanying annexure, Organic Coatings stated that the cessation was based on the AGM voting result submitted through the scrutiniser’s report dated October 1, 2026. The company also said it received the information on October 1 at 3:46 p.m.

The supplied disclosure does not provide the number or percentage of votes cast for or against the resolution. It states that shareholders did not approve the reappointment, without setting out their reasons.

Details of the exchange disclosure

Organic Coatings submitted the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The annexure supplied additional cessation details under Regulation 30 read with Schedule III and the SEBI master circular dated January 30, 2026.

The filing carries BSE scrip code 531157, symbol ORGCOAT and ISIN INE412E01011. Parth Meenesh Patel signed it in his capacity as whole-time director, with DIN 06714101.

The annexure marks the brief-profile and director-relationship disclosures as not applicable. Those fields relate to appointments, while this filing records Shah’s cessation from office.