Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Ajit Kolhe
- Designation: Head- Information Technology, Senior Management
- Reason for Resignation: To pursue career prospects outside the Company
- Effective Date of Resignation: 26th June 2026 (close of business hours)
- Date of Resignation Letter: 26th March 2026
- Duration in Role: Not Specified
- Board's Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosed under Regulation 30 read with Para A (7) of Part A of Schedule III of the Listing Regulations and SEBI Master Circular dated 30th January 2026
- Delay in Disclosure: Not Specified
Analytical Add-On: The resignation appears to be a routine career move for external opportunities. As Head of Information Technology rather than CFO or CEO, this change is less likely to directly impact financial reporting integrity or capital allocation decisions. The transition appears planned with a three-month notice period between resignation letter (26th March 2026) and effective date (26th June 2026).
Section B – Additional Observations or Disclosures
Not Specified
Section C – Financial & Governance Disclosures
Not Specified