Key Personnel Change
Mr. Moxit Modi, Chief Financial Officer (CFO) of Oswal Greentech Limited, resigned from his position effective June 2, 2026. The resignation was submitted via letter dated June 2, 2026, citing personal and family commitments as the reason for departure.
Effective Date and Status Change
Mr. Modi ceased to be a Key Managerial Personnel under Section 203 of the Companies Act, 2013 and Regulation 30(5) of SEBI Listing Regulations effective from close of business hours on June 2, 2026. His last working day was confirmed as June 2, 2026, in his resignation letter.
Regulatory Compliance Details
The disclosure was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, read with SEBI master circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company submitted Annexure A (detailed disclosure as per Schedule III requirements) and Annexure B (resignation notice from Mr. Modi).
Resignation Letter Details
In his resignation letter addressed to the Board of Directors, Mr. Modi expressed gratitude for the opportunities and support received during his tenure. He committed to ensuring a smooth transition of responsibilities and cooperation in handing over all relevant documents, records, and ongoing matters.
Disclosure Table Contents (Annexure A)
The structured disclosure included:
- Reason for change: Resignation due to personal and family commitments
- Date of cessation: June 2, 2025 [Note: Date discrepancy between main letter and annexure]
- Resignation letter: Enclosed as annexure B with detailed reasons
- Term of appointment: Not applicable
- Brief profile: Not applicable
- Disclosure of relationships between directors: Not applicable
Company Representation
The intimation was signed by Aruna Oswal, Whole-time Director (DIN: 00988524), on June 2, 2026, at 16:47:08 IST.
#Tags: #OswalGreentech #CFOResignation #SEBIRegulation30 #ManagementChange #RegulatoryCompliance #Neutral