Section A – KMP Resignation Details
- Name of Resigning KMP: Dr. Ritu Garg
- Designation: Chief Growth & Innovation Officer
- Reason for Resignation: Professional opportunity outside the organization
- Effective Date of Resignation: October 31, 2026 (from close of business hours)
- Date of Resignation Letter: October 31, 2026
- Duration in Role: Not Specified
- Board’s Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Delay in Disclosure: Not Specified
Analytical Add-On: The resignation appears routine and professionally motivated rather than performance-linked or abrupt, given the stated reason of external professional opportunity. As Chief Growth & Innovation Officer, this change could potentially impact strategic growth initiatives and innovation pipeline continuity, though no immediate operational disruption is indicated.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
- Audited Financial Results: Not Specified
- Auditor’s Report Summary: Not Specified
- Dividends / Capital Changes / Buybacks: Not Specified
- Board / Committee Updates or Key Appointments: Not Specified