Key Quantitative Figures
No financial figures or numerical impacts are disclosed in the document.
Dates of Action
- Resignation tendered: November 3, 2026
- Effective cessation date: November 30, 2026 (close of business hours)
- Disclosure filing date: November 3, 2026
Parties Involved
- Resigning individual: Mr. Girish Shete, Vice President – Operations
- Company representatives: Antony Alapat (Company Secretary), Kailesh Shah (Chairman and Managing Director)
Purpose or Stated Rationale
The resignation is due to personal reasons and family issues, as stated in both the regulatory filing and the resignation letter. The individual also mentions "own inspirations" as a contributing factor.
Financial or Operational Impact
No specific financial or operational impact is quantified in the disclosure. The resigning executive has committed to ensuring delivery of pending projects before his exit.
Capital Structure Impact
No impact on capital structure is mentioned.
Cash Flow Implications
No cash flow implications are disclosed.
Forward-Looking Guidance
No forward-looking guidance or management commentary is provided beyond the completion of pending projects by the departing executive.
Additional Details
- The resignation was accepted by the company with the last working day set as November 30, 2026
- The individual described his tenure as "very short" but stated he "always tried to do my level best & deliver good systems in plant"
- The company's registered office is at B-30, Royal Industrial Estate, Naigaum Cross Road, Wadala, Mumbai - 400031
- Company CIN: L25209MH2001PLC131139