Section A – KMP Resignation Details
Name of Resigning KMP: Dr. Lalit Mohan Sanagavarapu
Designation: Chief Product Officer
Reason for Resignation: Personal Reasons
Effective Date of Resignation: August 7, 2026
Date of Resignation Letter: August 7, 2026
Duration in Role: Not Specified
Board’s Acknowledgment / Statement: Not Specified
Replacement Appointed: Not Specified
Regulatory Compliance Statement: Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirement) 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026. Filed with BSE Limited and National Stock Exchange of India Limited.
Delay in Disclosure: Not Specified
Section B – Additional Observations or Disclosures
Transition & Internal Role Reallocations: Not Specified
Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
Audited Financial Results: Not Specified
Auditor’s Report Summary: Not Specified
Dividends / Capital Changes / Buybacks: Not Specified
Board / Committee Updates or Key Appointments: Not Specified
Resignation Letter Content
The resignation letter addressed to "Kailash" stated:
- Decision to move on for personal reasons following discussions held on June 8, 2026
- Formal resignation with immediate effect from August 7, 2026
- Expression of gratitude for the trust, confidence, and empowerment received from leadership
- Acknowledgement of freedom to take ownership, think creatively, and drive initiatives independently
- Appreciation for support, guidance, and opportunity to grow and contribute
- No mention of material disputes or other reasons beyond personal reasons