Axel Polymers Limited announced that Mr. Aarasp Bejan Bodhanwala (DIN: 00421362), vide his mail dated 4th July, 2024 has tendered his resignation (enclosed) as Whole-time Director (Executive Director) of the Company with effect from the close of business hours on July 04, 2024 as he would not be able to devote sufficient time towards his duty due to frequent travels out of India. Reason for Change; There are developments which require him to travel frequently out of India. Hence it would not be feasible for him devote sufficient time for discharging his Duty.