Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Jyoteendra Mansukhlal Kothary
- Designation: Non-Executive Non-Independent Director
- Reason for Resignation: Advancing age and recurring health issues, making it difficult to contribute effectively
- Effective Date of Resignation: September 1, 2026
- Date of Resignation Letter: August 24, 2026
- Duration in Role: Not Specified
- Board's Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made under Regulation 30 of SEBI LODR 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 and personal in nature, linked to health and age considerations rather than performance or regulatory issues. As a Non-Executive Director, this resignation is unlikely to significantly impact financial reporting integrity, capital allocation decisions, or operational continuity.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
No financial results, auditor reports, dividends, capital changes, or additional board appointments were disclosed in this filing.