Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Raghava Lakshmi Narasimhan
- Designation: Non-Executive and Independent Director
- Reason for Resignation: Age and health reasons
- Effective Date of Resignation: October 03, 2026 (closure of business hours)
- Date of Resignation Letter: Not Specified [Letter included in disclosure but date not explicitly stated]
- Duration in Role: Not Specified
- Board’s Acknowledgment: The Board of Directors and Management placed on record sincere appreciation for his contributions during his association with the Company
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, read with Master Circular No. HO/49/I4/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026
- Delay in Disclosure: Not Specified [Disclosure dated October 04, 2026 for resignation effective October 03, 2026]
Analytical Add-On: The resignation appears routine and personal (age and health reasons) rather than performance-linked or regulatory-linked. As an Independent Director, the resignation affects board composition and committee membership but does not directly impact financial reporting integrity or operational continuity. The director confirmed no other material reasons for resignation.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
No financial results, auditor reports, dividends, capital changes, or other board appointments were disclosed in this filing. The disclosure solely concerns the director's resignation.