Section A – KMP Resignation Details
- Name of Resigning KMP: Niraj Kumar Harodia
- Designation: Independent Director
- Reason for Resignation: Personal reasons and other commitments
- Effective Date of Resignation: Close of business hours on August 12, 2026
- Date of Resignation Letter: August 10, 2026
- Duration in Role: Not Specified
- Board’s Acknowledgment / Statement: Board placed on record its appreciation for valuable contribution and guidance provided during his association
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Compliance with Regulation 30 read with Schedule III of SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026
- Delay in Disclosure: Not Specified
Analytical Add-On: The resignation appears routine and personal in nature, with no indication of performance issues or regulatory concerns. As an Independent Director rather than an executive KMP (CEO/CFO), the resignation is unlikely to directly affect financial reporting integrity, capital allocation decisions, or operational continuity. The director confirmed no material reasons beyond personal commitments.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
Not Specified
Additional Committee Information
Mr. Harodia ceased to be a member of the Audit Committee, Nomination & Remuneration Committee, and Independent Director's Committee of the Company upon resignation.
Director Profile and Other Positions
The resigning Independent Director does not hold directorship in any other listed entity and is not a member/chairperson of any board committees in other listed entities.