Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Dhruv Rameshbhai Chauhan
- Designation: Independent Director (Non-Executive - Independent Director)
- Reason for Resignation: Due to other professional commitments and time constraints.
- Effective Date of Resignation: May 23, 2026 (with immediate effect)
- Date of Resignation Letter: May 23, 2026
- Duration in Role: Not Specified
- Board’s Acknowledgment / Statement: The resignation was accepted by Prabhat Sethia, Managing Director & CFO, on May 23, 2026 at 17:10:35 +05'30'.
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
- Delay in Disclosure: Not Specified - disclosed on same day as resignation.
Analytical Add-On: The resignation appears routine and personal/professional in nature, not linked to performance or governance issues. As an Independent Director resignation, it primarily affects board composition and governance oversight rather than direct financial reporting or operational continuity. The director confirmed no material reasons beyond stated professional commitments.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
Not Present in the data provided.