Key Details
- Effective Date: Resignation effective from close of business hours on August 8, 2026
- Reason for Resignation: Personal preoccupations and other unavoidable commitments
- Director Type: Non-Executive and Non-Independent Director
- Previous Roles: Chairperson of the Corporate Social Responsibility (CSR) Committee
- Promoter Status: Mrs. Lakshmi is identified as one of the promoters of the Company
Filing Context
This submission serves to provide the formal resignation letter that was inadvertently omitted from the original filing dated August 8, 2026 due to an administrative oversight. The company had promptly disclosed the material event of resignation on the effective date (August 8, 2026) but failed to attach the scanned resignation letter.
Director's Statement
Mrs. Lakshmi expressed inability to devote requisite time, attention, and energy to board duties due to increasing personal commitments. She mentioned her foundational connection as a promoter and emotional bond with the company would remain intact. The resignation includes relief from all committee positions effective August 8, 2026.
Regulatory Requirements
The company is arranging for necessary filings including Form DIR-12 with the Registrar of Companies and relevant Stock Exchanges as per statutory requirements.
Signatories and Dates
- Company Submission: Dated August 20, 2026, signed by M. Raghavendra Prasad, Company Secretary and Compliance Officer
- Resignation Letter: Dated August 8, 2026, signed by Mrs. Sajja Lakshmi
Financial Impact
No financial impact quantified in the disclosure. The resignation represents a governance change without immediate capital structure or cash flow implications.