Hipolin Ltd Clarifies Management Changes: MD Resigns, Director Demise

Hipolin Ltd has issued a clarification regarding management changes announced on August 14, 2026. The company confirmed the resignation of Mr. Prafulla Gattani as Managing Director, citing pre-occupation as the reason, as detailed in his resignation letter. Additionally, the company reported the sad demise of Mr. Umeshchandra P Mehta, an Independent Director, on July 31, 2026. Hipolin Ltd received intimation of this demise on August 14, 2026, and promptly informed the BSE. The company has provided disclosures as per SEBI regulations for both events.