Section A – KMP Resignation Details
Name of Resigning KMP: Mr. Vijay Varma (DIN: 00011352)
Designation: Independent Director
Reason for Resignation: Pre-occupations and personal commitments that do not permit effective contribution as a board member.
Effective Date of Resignation: Close of business hours on 30 September 2026
Date of Resignation Letter: 12 August 2026
Duration in Role: Not Specified
Board’s Acknowledgment / Statement: The Company placed on record its sincere appreciation for the valuable services, guidance and experience extended by Mr. Vijay Varma during his tenure as Director.
Replacement Appointed: Not Specified
Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with clause 7B of Para A of Part A of Schedule III of the Regulations, including amendments thereunder and in accordance with the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Delay in Disclosure: No delay indicated. Initial intimation was made on 12 August 2026, with a follow-up confirmation on 01 October 2026 after the effective date.
Additional Observations
Committee Memberships Ceased: Mr. Vijay Varma ceased to be a member of the Audit Committee, Stakeholders Relationship Committee and the Corporate Social Responsibility Committee of the Company, effective from the close of business hours of 30 September 2026.
Other Directorships: Mr. Vijay Varma held a directorship in Kirloskar Ferrous Industries Limited at the time of the initial intimation (12 August 2026). However, the follow-up disclosure on 01 October 2026 states he does not hold directorships in any other listed entities.
Confirmation from Director: Mr. Vijay Varma has confirmed that there is no material reason for his resignation other than those mentioned in his resignation letter.
Section B – Additional Observations or Disclosures (If Any)
Not Specified
Section C – Financial & Governance Disclosures (If Present)
Not Specified