Key Quantitative Figures

No financial figures, amounts, or numerical impacts disclosed in relation to the resignation.

Dates of Action

  • Resignation letter dated: June 02, 2026
  • Board acceptance date: June 02, 2026 (meeting held)
  • Resignation effective date: August 29, 2026 (close of business hours)
  • Disclosure date: August 29, 2026

Parties Involved

  • Resigning individual: Mr. Manish Bhatia, Managing Director & CEO
  • Company representatives: Meghna Saini (Company Secretary & Compliance Officer & Head-Legal), Navapol Chuensiri, Rajeev Anand
  • Regulatory bodies: BSE Limited, Calcutta Stock Exchange Ltd., National Stock Exchange of India Limited, SEBI

Purpose or Rationale

Mr. Manish Bhatia stated in his resignation letter that the decision was made "after careful consideration" and described his journey as "professionally fulfilling and personally enriching." He mentioned leading the company during "an important phase of its revival, growth and transformation."

Transition Arrangements

Mr. Bhatia committed to ensuring a smooth transition by continuing to discharge his responsibilities until his last working day of August 29, 2026 (or any prior date as advised by the board) and extending full support for leadership transition and continuity.

Financial Impact

No financial impact quantified in the disclosure. No mention of severance, compensation, or any financial arrangements related to the resignation.

Capital Structure Impact

No impact on capital structure, shareholding, or ownership disclosed.

Governance Details

  • Meghna Saini, Company Secretary & Compliance Officer & Head-Legal (Membership No. A-42587) signed the disclosure
  • Digital signature timestamp: August 29, 2026 18:19:51 +05'30'
  • Company CIN: L24223WB1947PLC015202
  • Corporate office: Fusion square, 5th Floor, Plot no. 5A & 5B, Sector-126, Noida – 201303

Additional Context

This disclosure is a continuation of the previous disclosure dated June 02, 2026, which initially informed about the resignation tendered by Mr. Bhatia. The current disclosure confirms the effective date of cessation and provides the formal resignation letter.