Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Niranjankumar R
- Designation: Chief Human Resources Officer (CHRO)
- Reason for Resignation: Personal grounds
- Effective Date of Resignation: Close of business hours on 25.05.2026
- Date of Resignation Letter: 14.05.2026
- Duration in Role: Not Specified
- Board’s Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additional compliance with SEBI Master Circular No.: SEBI/HO/49/14/14(7) 2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
- Delay in Disclosure: Not Specified – Disclosure dated 25.05.2026 coincides with effective resignation date.
Analytical Add-On: The resignation is explicitly stated to be for personal reasons. The letter mentions a commitment to a smooth handover but requests early relief due to personal circumstances. The resignation affects the human resources leadership function, specifically noting the resigning KMP's role in driving key initiatives like the 'Redesign of the Performance Management Framework'.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: The resigning KMP stated in his letter: "I am fully committed to ensuring a smooth handover." No specific details on interim arrangements or internal reallocations are provided in the disclosure.
- Successor Appointments: Not Specified.
Section C – Financial & Governance Disclosures
This section is not applicable as the disclosure contains no financial results, auditor reports, dividends, capital changes, or other board appointment updates beyond the KMP resignation.