Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Subhash Gundappa Kutte (DIN: 00233322)
- Designation: Non-Executive Director
- Reason for Resignation: Pre-occupation
- Effective Date of Resignation: July 4, 2026
- Date of Resignation Letter: July 3, 2026
- Duration in Role: Not Specified
- Board's Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Delay in Disclosure: No delay indicated; resignation dated July 3, 2026 and disclosed same day
Analytical Add-On: The resignation appears routine and personal (pre-occupation) rather than performance-linked or regulatory-driven. As a Non-Executive Director, the resignation is unlikely to directly affect financial reporting integrity, capital allocation decisions, or operational continuity. The director explicitly stated "there are no other reasons other than those provided hereinabove," indicating no underlying governance concerns or disputes.
Section B – Additional Observations or Disclosures
Not Specified
Section C – Financial & Governance Disclosures
Not Specified