Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Shashi Kiran Shetty
- Designation: Director and Chairman of the Company
- Reason for Resignation: Due to certain other professional and personal commitments requiring attention
- Effective Date of Resignation: August 5, 2026 (close of business hours)
- Date of Resignation Letter: August 5, 2026
- Duration in Role: Not Specified
- Board's Acknowledgment / Statement: The Company places on record its deep sense of appreciation for the services rendered by him and for his contributions to the Company during his tenure
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: The requisite disclosure relating to the resignation as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with applicable SEBI Circulars was duly submitted to Exchange on August 5, 2026
- Delay in Disclosure: Not Specified
Analytical Add-On: The resignation affects the top leadership position of Chairman and Director. The reason cited suggests a planned departure rather than abrupt exit, though the simultaneous resignation from both chairman and director roles may indicate a complete disengagement from board responsibilities.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
Not Specified - The document contains no financial results, auditor reports, dividend declarations, or other board updates beyond the resignation matter.