Key Event Details
Mr. Kinnar Metta, Chief Financial Officer of Kusumgar Limited, resigned from his position via resignation letter dated 10th August, 2026. The resignation is effective from close of business hours of 10th August, 2026.
Reason for Resignation
The resignation is to facilitate Mr. Mehta's transition into a role within the Company focused on business strategy and long-term value creation. The Company stated that as it enters its next phase of growth, it has been mutually agreed that Mr. Mehta's experience and expertise can be more effectively leveraged in driving strategic initiatives and long-term growth agenda.
Regulatory Impact
Mr. Kinnar Mehta will cease to be a Key Managerial Personnel under the provisions of Section 203 and other applicable provisions of the Companies Act, 2013.
Additional Confirmations
Mr. Mehta has confirmed that there is no other material reason for his resignation other than the stated transition to a strategic role. He remains committed to ensuring a smooth and orderly transition of responsibilities and will extend complete support during the handover process.
Annexures Included
- Annexure I: Resignation letter dated 10th August, 2026
- Annexure II: Details with respect to Change in Key Managerial Personnel as required under Regulation 30
Annexure II Details
| Point | Detail |
| 1 | Reason for change: Resignation to facilitate transition into business strategy role |
| 2 | Date of cessation: Close of business hours of 10th August, 2026 |
| 3 | Brief profile: Not Applicable |
| 4 | Disclosure of relationships between Directors: Not Applicable |