Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Prabhat Khurana
- Designation: Independent Director
- Reason for Resignation: Personal and professional commitments
- Effective Date of Resignation: Close of business hours on June 22, 2026
- Date of Resignation Letter: June 22, 2026
- Duration in Role: Not Specified
- Board’s Acknowledgment / Statement: The Board of Directors placed on record its appreciation for the valuable contribution and guidance provided by Mr. Prabhat Khurana during his association with the Company as an Independent Director.
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Compliance with Regulation 30 read with Schedule III of the 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 routine, citing standard personal and professional reasons. As an Independent Director rather than an executive KMP (CEO/CFO), the resignation is less likely to directly affect financial reporting integrity or operational continuity. The director confirmed no material reasons beyond those stated.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
This section does not apply as the disclosure contains no financial results, auditor reports, dividends, capital changes, or other board appointments beyond the resignation.