Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Rajesh Nandkishore Pherwani
- Designation: Non-Executive Independent Director
- Reason for Resignation: Personal reasons and pre-occupation
- Effective Date of Resignation: October 07, 2026 (with effect from the closure of business hours)
- Date of Resignation Letter: October 07, 2026
- Duration in Role: Since May 06, 2025 (approximately 1 year 5 months)
- Board’s Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 read with Schedule III, Part A, Para A, Clause 7B of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026
- Delay in Disclosure: Not Specified
Analytical Add-On: The resignation appears routine and personal in nature, citing pre-occupation as the primary reason. As a Non-Executive Independent Director role, this resignation is unlikely to directly affect financial reporting integrity, capital allocation decisions, or operational continuity. The director confirmed no other material reasons for resignation beyond those stated.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
- Audited Financial Results: Not Specified
- Auditor’s Report Summary: Not Specified
- Dividends / Capital Changes / Buybacks: Not Specified
- Board / Committee Updates or Key Appointments: Not Specified