Section A – KMP Resignation Details
- Name of Resigning KMP: Ms. Sandra Martyres
- Designation: Non-Executive Independent Director
- Reason for Resignation: Time constraints and inability to devote required time and attention to a company undergoing both restructuring and growth. Specifically mentioned increased number of meetings with extensive agendas and tight deadlines.
- Effective Date of Resignation: September 21, 2026
- Date of Resignation Letter: September 19, 2026 (letter date), received by company via email on September 21, 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 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III thereto and applicable provisions of the SEBI Master Circular dated January 30, 2026
- Delay in Disclosure: No delay - resignation received and disclosed on same day (September 21, 2026)
Analytical Add-On: The resignation appears to be routine and personal capacity-driven rather than performance-linked or regulatory-linked. The director cited time constraints and increased meeting frequency as primary reasons. The resignation affects governance oversight as she was serving on key committees.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
Not Specified - no financial results, auditor reports, dividends, capital changes, or other board appointments disclosed in this document.