Section A – KMP Resignation Details

  • Name of Resigning KMP: Mr. Raghu Ram Hiremagalur Venkatesh
  • Designation: Non-Executive Independent Director
  • Reason for Resignation: Preoccupation with other professional commitments
  • Effective Date of Resignation: September 18, 2026 (with immediate effect)
  • Date of Resignation Letter: September 18, 2026
  • Duration in Role: Not Specified
  • Board's Acknowledgment / Statement: Standard gratitude expressed in resignation letter; no formal board statement provided in disclosure
  • Replacement Appointed: Not Specified
  • Regulatory Compliance Statement: Disclosure made under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Delay in Disclosure: No delay indicated - resignation and disclosure occurred on same date (September 18, 2026)

Analytical Add-On: The resignation appears routine and professionally motivated without indications of performance issues or regulatory concerns. As an Independent Director rather than an executive KMP (like CEO/CFO), the resignation is unlikely to directly affect financial reporting integrity, capital allocation decisions, or operational continuity. The confirmation of no other material reasons suggests no underlying governance conflicts.

Section B – Additional Observations or Disclosures

  • Transition & Internal Role Reallocations: No information provided about interim arrangements or succession planning for the independent director position.
  • Successor Appointments: No announcement of replacement independent director in this disclosure.

Section C – Financial & Governance Disclosures

Not applicable - no financial results, auditor reports, dividends, capital changes, or other board appointments disclosed in this filing.

Additional Compliance Details

  • Director Identification Number: DIN: 09202812 (Raghu Ram Hiremagalur Venkatesh)
  • Other Directorships: The resigning director held no directorships in other listed entities (disclosed as 'Nil')
  • Company Secretary: Ankita Sharma (Membership No.: A37518) signed the disclosure
  • Company CIN: L64201HR2008PLC053766