Key Resignations Approved

Managing Director & CEO Resignation:

  • Mr. Lalit Sureka (DIN: 01103875) resigned as Managing Director & Chief Executive Officer
  • Effective from: July 07, 2026
  • Resignation letter dated June 29, 2026 cited "other professional commitments" as reason
  • Resignation submitted with immediate effect

Whole Time Director & CFO Resignation:

  • Mr. Sandip Dalmia (DIN: 10159986) resigned as Whole Time Director & Chief Financial Officer
  • Effective from: Close of business hours on July 07, 2026

Independent Director Resignations:

  • Mrs. Roshni Gadia (DIN: 06652773) resigned as Non-Executive Independent Director
  • Mrs. Kalpana Tekriwal (DIN: 11170688) resigned as Non-Executive Independent Director
  • Mrs. Chetna Gupta (DIN: 11170688) resigned as Non-Executive Independent Director
  • All effective from: July 07, 2026
  • Details enclosed as Annexure-I (not provided in disclosure)

Board Meeting Details

  • Meeting date: July 07, 2026
  • Commencement time: 4:40 PM
  • Conclusion time: 5:10 PM
  • Duration: 30 minutes

Governance Process

All resignations were based on the recommendation of the Nomination and Remuneration Committee and formally approved by the Board of Directors.