Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Radhey Shyam (DIN: 00649458) and Mr. Prakash Matai (DIN: 07906108)
- Designation: Independent Director (both)
- Reason for Resignation: Preoccupation with other professional and personal commitments; personal commitments and unable to continue discharging responsibilities on the Board
- Effective Date of Resignation: Close of business hours on 12th November, 2026
- Date of Resignation Letter: 12th November, 2026 (as indicated in resignation letters)
- Duration in Role: Not Specified
- Board's Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/ I/3762/2026 dated January 30, 2026
- Delay in Disclosure: Not Specified
Analytical Add-On: The resignation appears routine and personal commitment-driven rather than performance-linked or abrupt. Both directors resigned simultaneously on the same effective date with identical reasons. As Independent Directors (not executive roles like CEO/CFO), the resignations are less likely to directly impact financial reporting integrity or operational continuity, though they reduce board independence.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
No financial results, auditor reports, dividends, capital changes, or other board appointments were disclosed in this filing.