Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Ajay Navaratne
- Designation: Vice President Rubber Process Oil (SMP) of the Company
- Reason for Resignation: Personal health issues
- Effective Date of Resignation: Close of business hours on November 05, 2026
- Date of Resignation Letter: November 05, 2026 (3:41:37 pm)
- Duration in Role: Not Specified
- Board's Acknowledgment / Statement: Management accepted resignation with immediate effect and thanked him for his contributions during his tenure
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made under Regulation 30 read with Part A of Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026
- Delay in Disclosure: Not Specified (Disclosure date: November 06, 2026)
Analytical Add-On: The resignation appears to be health-related and personal in nature. As the role is Vice President of a specific product line (Rubber Process Oil), the impact on operational continuity may be contained to this business segment rather than affecting overall company leadership.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: The resignation was accepted by Sunil Kumar Shetty, CHRO (Chief Human Resources Officer), indicating standard HR oversight of the process. No information provided about interim coverage or permanent replacement.
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
Not applicable - The disclosure contains no financial results, auditor reports, dividend announcements, capital changes, or additional board appointments beyond the resignation event.