Section A – KMP Resignation Details
- Name of Resigning KMP: Smt. Vinita Singhania
- Designation: Non-Executive Non-Independent Director
- Reason for Resignation: Company's objective to maintain an optimal and balanced Board composition, including an appropriate mix of Independent and Non-Independent Directors, in line with applicable governance requirements and best practices
- Effective Date of Resignation: June 21, 2026
- Date of Resignation Letter: June 21, 2026
- Duration in Role: Not Specified
- Board's Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and 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 strategic and routine, aimed at optimizing board governance structure. The director confirmed no material reasons beyond the stated objective of maintaining balanced board composition. As a Non-Executive Non-Independent Director, this resignation is unlikely to significantly impact financial reporting integrity or operational continuity.
Section B – Additional Observations or Disclosures
Not Specified
Section C – Financial & Governance Disclosures
Not Specified