1. Mr. Gopalkrishna D. Sharma, Chief Financial Officer
2. Mr. Darshan Bipinchandra Shah, Company Secretary & Compliance Officer
The resignations of both officials have been accepted and they ceased to hold their respective positions effective from the close of business hours on September 21, 2026.
The resignations were tendered pursuant to the completion of an Open Offer and the consequent change in control and management of the Company, with the stated purpose to facilitate a smooth transition and handover of responsibilities to the new management.
Both resignation letters explicitly state that there are no material reasons for resignation other than the change in control, and confirm that the resignations are not due to any dispute or disagreement with the Board of Directors or the management of the Company.
The company has enclosed the detailed reasons for resignation as provided by the respective officials in their resignation letters, as required under applicable provisions of the SEBI LODR Regulations.
The company shall take necessary steps for appointment of suitable persons to the aforesaid positions and will make requisite disclosures in accordance with applicable laws. The company will also complete requisite statutory and regulatory formalities in connection with the resignations, including necessary filings with the Registrar of Companies and Stock Exchange(s).