Section A – KMP Resignation Details

  • Name of Resigning KMP: Mr. Vikas Maheshwari
  • Designation: Chief Financial Officer (CFO) and Key Managerial Personnel (KMP)
  • Reason for Resignation: Personal reasons
  • Effective Date of Resignation: Close of business hours on August 31, 2026
  • Date of Resignation Letter: August 24, 2026
  • Duration in Role: Not Specified
  • Board's Acknowledgment / Statement: Board of Directors noted and accepted the resignation by way of a resolution passed by circulation on August 25, 2026
  • Replacement Appointed: Company has identified a prospective candidate for CFO position; appointment subject to completion of requisite formalities
  • Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 of SEBI LODR Regulations read with Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • Delay in Disclosure: Not Specified

Analytical Add-On: The resignation appears routine and planned, given the advance notice and identification of a prospective successor. Mr. Maheshwari explicitly confirmed there are no other material reasons for his resignation. The transition appears orderly with a succession plan in progress, suggesting minimal disruption to financial reporting integrity and operational continuity.

Section B – Additional Observations or Disclosures

Transition & Internal Role Reallocations: The company has identified a prospective candidate for the CFO position. The proposed appointment is subject to completion of requisite formalities and other matters considered necessary by the company.

Successor Appointments: Details of the prospective candidate's qualifications, experience, and background are not disclosed in this filing. The company will make requisite disclosure to stock exchanges upon finalization and formal appointment in accordance with SEBI LODR Regulations.

Section C – Financial & Governance Disclosures

No financial results, auditor's reports, dividends, capital changes, buybacks, or other board/committee updates are disclosed in this filing beyond the CFO resignation matter.