The resignation is effective from close of business hours on October 14, 2026. The reason for resignation is stated as personal reasons. Ms. Baldewa has confirmed that there are no other material reasons for her resignation beyond personal reasons.
As a result of this resignation, Ms. Baldewa will cease to be a Key Managerial Personnel under the provisions of Section 203 and other applicable provisions of the Companies Act 2013, as well as Regulation 30(5) of the SEBI LODR Regulations for determining materiality of events for stock exchange disclosures.
The Company has stated that it will fill the casual vacancy and communicate the same to the stock exchange in due course.
The disclosure includes an annexure with the following details:
- Reason for change: Resignation due to personal reasons
- Date of Resignation: Close of Business Hours on October 14, 2026
- Brief profile: Not Applicable
- Disclosure of relationships between directors: Not Applicable
The resignation letter from Ms. Priyanka Baldewa cites "emerging personal obligations and growth constraints" as the reason for resignation. She confirms there are no material reasons other than those mentioned and requests the Board to make necessary arrangements to relieve her from duties/responsibilities. She also requests intimation to the stock exchange and filing of relevant forms with the Registrar of Companies.
Financial impact: No financial impact disclosed in the filing.