Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Surajit Khan
- Designation: Business Head – Projects / Vice President – Projects
- Reason for Resignation: Due to personal reasons and to take up another professional opportunity.
- Effective Date of Resignation: September 24, 2026 (after closure of business hours)
- Date of Resignation Letter: September 04, 2026
- Duration in Role (if available): Joined the company in 2018.
- Board’s Acknowledgment / Statement: The resignation shall be taken note in the upcoming Board Meeting of the Company. The company acknowledged his contributions and issued a relieving letter.
- Replacement Appointed (if any): Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
- Delay in Disclosure (if applicable): Not Specified
Analytical Add-On: The resignation appears to be a strategic career move for a new opportunity. The employee had a 30-day notice period but requested an early release, which was accepted. The resignation affects operational continuity in the Projects function, but a structured handover of ongoing projects, commercial matters, and team responsibilities was planned.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Mr. Khan committed to ensuring a structured and complete handover of ongoing projects, their status, commercial and collection matters, customer commitments, open risks, team responsibilities, and all relevant documentation for a smooth and orderly transition.
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures (If Present)
This section is not applicable as the disclosure contains no financial results, auditor reports, dividends, capital changes, or other board appointments beyond the resignation.