Medi-Caps Limited has submitted a regulatory disclosure to BSE Limited regarding the resignation of two Senior Management Personnel, filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Sub-Para 7(C) Para A of Part A of Schedule III.

Resignation Details

  • Mrs. Saloni Garg, Senior Manager and Senior Management Personnel, has resigned from her position effective from the close of business hours on 06th August, 2026. The resignation is in view of her appointment as Additional Director as well as Whole Time Woman Director of the Company.
  • Mr. Akshit Garg, General Manager and Senior Management Personnel, has resigned from his position effective from the close of business hours on 06th August, 2026. The resignation is in view of his appointment as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company.

Additional Information

The Board of Directors meeting was held on 06th August, 2026, commencing at 03:00 P.M. and concluding at 03:55 P.M. The disclosure was digitally signed by Alok K. Garg, Managing Director (DIN: 00274321).

The information will be available on the company's website at www.medicaps.com and will also be submitted in the prescribed XBRL format along with the PDF submission.

Resignation Letter Highlights

Saloni Garg's Resignation Letter (Dated: 30/07/2026):

  • Resigns as Senior Manager and Senior Management Personnel effective close of business hours on 06th August, 2026
  • Reason: Proposed appointment as Additional Director and Whole Time Woman Director
  • Address: 121/1-B, Shanti Niketan Colony, B/H Bombay Hospital, Indore - 452010 (M.P)

Akshit Garg's Resignation Letter (Dated: 30/07/2026):

  • Resigns as General Manager and Senior Management Personnel effective close of business hours on 06th August, 2026
  • Reason: Proposed appointment as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP)
  • Address: 121/1-B, Shanti Niketan, B/H Bombay Hospital, Indore - 452010 (M.P)

Both resignation letters include statements that there are no other material reasons for resignation beyond the stated appointments, and both express appreciation for the cooperation received during their tenure.