Key Event Details
- Resigning Director: Mr. C.K. Shastri (DIN: 00329398)
- Position Held: Managing Director
- Effective Date of Cessation: Close of business hours on June 19, 2026
- Date of Resignation Receipt: June 19, 2026
- Reason for Resignation: Age and health factors
Additional Information from Resignation Letter
Mr. C.K. Shastri formally tendered his resignation from the position of Managing Director, effective from close of business hours on June 19, 2026. He cited personal health challenges and advancing age as reasons for stepping back from active corporate governance and daily executive responsibilities.
Mr. Shastri expressed gratitude to the Board of Directors, shareholders, partners, and employees. He noted that the company has cultivated a deep bench of leadership, allowing him to step down with confidence in the company's future.
Transition Arrangement
The Board has conferred upon Mr. Shastri the honorary title of Chairman Emeritus. In this role, he will serve as an institutional anchor, offering foundational wisdom, strategic insights, and mentorship to the leadership team as needed.