Panyam Cements & Mineral Industries Limited has submitted a regulatory filing to the BSE Limited, intimating the resignation of a Key Managerial Personnel (KMP).
The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III. It is also made in compliance with SEBI Circular No. SEB/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Nature of the Event: Resignation of Mr. Chiluka Seshi Kumar from the position of Company Secretary and Compliance Officer, which is a designated Key Managerial Personnel (KMP) role.
Effective Date: The resignation is effective from the closure of business hours on 18th July, 2026.
Reason for Resignation: As per the resignation letter from Mr. Kumar, the reason is "to pursue opportunities outside the organisation."
Details from Annexure I:
- Reason for change: Resignation.
- Date of cessation: Resignation is effective from the closure of business hours on 18th July 2026.
- Brief Profile and Disclosure of relationships between Directors: Not applicable, as this is a resignation, not an appointment.
Parties Involved:
- Resigning Individual: Mr. Chiluka Seshi Kumar (Membership Number: A 59730), Company Secretary and Compliance Officer.
- Company Representative: The letter to BSE is digitally signed by J Srinisha, Managing Director (DIN: 01728749).
- Regulator: The filing is addressed to BSE Limited and is a disclosure for the Registrar of Companies (ROC).
Financial Impact: The disclosure does not quantify any financial impact.
Governance & Compliance Actions: The company has been requested by the resigning officer to file the necessary forms with the Registrar of Companies (ROC) and intimate the Stock Exchange to give effect to this resignation.