Key Personnel Change

Mr. Sanjay Koul, designated as SMP (Senior Management Personnel) and Business Head of the Lubricants Business, resigned from the company. His cessation is effective with the closing of business hours on July 9, 2026.

Resignation Details

The resignation was formally submitted via email on March 30, 2026, addressed to Yogesh Samat with copies to Pallavi More, Aman More, and Kishor Gagare. Mr. Koul held the position of Senior General Manager and was responsible for the Lubricants and Pretreatment Chemicals Business. He cited that his decision came after careful consideration and described his journey with the company as "extremely enriching, both professionally and personally." He committed to ensuring a smooth transition of his responsibilities during the notice period and requested the issuance of a resignation acceptance letter.

Financial Impact

Financial impact of the resignation was not quantified in the disclosure.