Mr. Anand Krishnan tendered his resignation due to personal and professional reasons, effective from the close of business hours on June 30, 2026. The resignation was submitted via letter dated April 27, 2026, addressed to the Board of Directors.
The Board of Directors and Management discussed the resignation and accepted it on June 10, 2026. The company acknowledged Mr. Krishnan's contributions during his tenure, specifically mentioning his role in strategic initiatives, fund raising, business transformation, operational efficiency, digital transformation initiatives, market expansion, investor communications, and policy advocacy.
Mr. Krishnan expressed his commitment to ensuring a smooth transition process and providing all necessary support during the handover. The management placed on record their appreciation for his contributions to the company's growth journey.
The disclosure complies with SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and includes the required annexures: Annexure A (resignation letter) and Annexure B (cessation details as per regulatory format).
The company has requested the stock exchanges to disseminate this information to their members and investors.
Financial Impact
No specific financial impact quantified in the disclosure.
Governance Impact
Change in Key Managerial Personnel (Chief Financial Officer position).
Effective Date
Cessation effective: June 30, 2026 (close of business hours)