Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Bhola Prasad
- Designation: General Manager – Process Engineering & Technology Transfer (functional head, Senior Management Personnel)
- Reason for Resignation: Personal reasons and to explore career growth outside of the company
- Effective Date of Resignation: July 6, 2026
- Date of Resignation Letter: Not explicitly stated, but resignation was disclosed on July 6, 2026
- Duration in Role: Not specified
- Board's Acknowledgment / Statement: Not specified
- Replacement Appointed: Not specified
- Regulatory Compliance Statement: Disclosed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Delay in Disclosure: Not applicable - disclosed on effective date
Analytical Add-On: The resignation appears to be a routine personnel change for career advancement reasons. As a General Manager in Process Engineering & Technology Transfer rather than C-suite leadership, the resignation is unlikely to significantly impact financial reporting integrity or operational continuity.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: The resigning manager stated "I will ensure a smooth handover of my responsibilities and assist in the transition process as needed." No specific internal reallocations were detailed.
- Successor Appointments: No successor appointment was announced in the disclosure.
Section C – Financial & Governance Disclosures
Not applicable - no financial results, auditor reports, dividends, capital changes, or board updates were included in this disclosure.