Section A – KMP Resignation Details

  • Name of Resigning KMP: Ms. Shikha Jain
  • Designation: Company Secretary and Compliance Officer
  • Reason for Resignation: Personal reasons
  • Effective Date of Resignation: Close of business hours of October 29, 2026
  • Date of Resignation Letter: October 29, 2026
  • Duration in Role: Not Specified
  • Board's Acknowledgment / Statement: Not Specified
  • Replacement Appointed: Ms. Reshma Ramchandani appointed as replacement
  • Regulatory Compliance Statement: Disclosed under Regulation 30 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 routine and personal in nature, affecting compliance oversight functions. The immediate appointment of a replacement suggests planned transition with minimal disruption to regulatory compliance functions.

Section B – Additional Observations or Disclosures

  • Transition & Internal Role Reallocations: Ms. Shikha Jain stepped down effective close of business hours October 29, 2026, with Ms. Reshma Ramchandani assuming the role effective October 30, 2026, ensuring immediate continuity.
  • Successor Appointments: Ms. Reshma Ramchandani (ACS No. 38983) appointed as Company Secretary and Compliance Officer. She is a qualified Company Secretary, Associate Member of the Institute of Company Secretaries of India, Law Graduate, and Bachelor of Commerce with specialization in Banking and Insurance. She has over 11 years of corporate governance, secretarial and legal experience across manufacturing, retail, pharma and financial services sectors. She has managed high value corporate transactions including multi-million dollar mergers, acquisitions, and divestitures of business divisions in addition to core secretarial and legal activities for Indian and overseas entities.

The successor's background in financial services and extensive experience in corporate governance and high-value transactions strengthens compliance oversight and governance capabilities.

Section C – Financial & Governance Disclosures

Not Specified