Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Kalpesh Chauhan
- Designation: Chief Financial Officer (CFO) and Key Managerial Personnel (KMP)
- Reason for Resignation: Personal/Professional reasons
- Effective Date of Resignation: Closing of business hours on November 12, 2026
- Date of Resignation Letter: 18th August 2026
- Duration in Role: Not Specified
- Board’s Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
- Delay in Disclosure: The resignation letter was dated August 18, 2026, and the disclosure was made to exchanges on November 5, 2026. The effective date is November 12, 2026.
Analytical Add-On: The resignation appears to be a planned transition, as a notice period from August 18 to November 12, 2026, is indicated. The reason cited is standard (personal/professional). The CFO role is critical for financial reporting integrity and capital allocation; however, the letter expresses intent for a smooth transition and full cooperation, suggesting operational continuity is a priority.
Section B – Additional Observations or Disclosures
Not Specified
Section C – Financial & Governance Disclosures
Not Specified