Southern Petrochemical Industries Corporation Limited announced that they have received a Letter dated August 4, 2022 from M/s. Tamilnadu Industrial Development Corporation Limited on August 5, 2022, enclosing the resignation letter of Mr. Pankaj Kumar Bansal, IAS, (DIN: 05197128) their Nominee Director on the Board of SPIC. As per Section 168 of the Companies Act, 2013 the resignation shall take effect from August 5, 2022 being the date of receipt of resignation letter by the Company.