Southern Petrochemical Industries Corporation Limited (SPIC) has received on 20 March 2024 a Letter dated 19 March 2024 from M/s. Tamilnadu Industrial Development Corporation Limited forwarding the resignation letter of Dr. V Jaya Chandra Bhanu Reddy, IAS, their nominee director on the board of SPIC. As per Section 168 of the Companies Act, 2013 the resignation shall take effect from 20 March 2024 being the date of receipt of resignation letter by the company.