Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Heinz Franz Moitzi (DIN: 00323506)
- Designation: Independent Director and Member of Risk Management Committee
- Reason for Resignation: Personal reasons and other professional commitments that need full-time focused attention
- Effective Date of Resignation: May 31, 2026
- Date of Resignation Letter: May 28, 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 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: No delay indicated; disclosure dated May 29, 2026 for resignation effective May 31, 2026
Analytical Add-On: The resignation appears routine and planned, citing personal and professional reasons. As an Independent Director rather than an executive KMP (like CEO/CFO), this resignation is less likely to directly affect financial reporting integrity, capital allocation decisions, or operational continuity. The confirmation of no other material reasons and the advance notice suggest a smooth transition.
Additional Information
- The resigning director confirmed there are no material reasons for resignation other than those stated
- Mr. Moitzi holds no directorships in other listed entities (NIL)
- The resignation letter was submitted to the Board of Directors on May 28, 2026
- The company disclosure was made by Sudhasri Addepalli, Company Secretary & Compliance officer (Membership No. ACS 79832)
- Company website: www.kaynestechnology.co.in
Sections B and C – Not Applicable
The document contains no additional information about financial results, auditor reports, dividends, capital changes, board appointments, or successor information beyond the resignation disclosure.