Key Personnel Change
Dr. Chinmay Jain, Chief Technology Officer and Senior Management Personnel of Shakti Pumps (India) Limited, has resigned from his position due to personal reasons. His resignation was accepted by the Company with effect from August 25, 2026.
Resignation Details
- Date of resignation tendered: August 13, 2026
- Effective date of cessation: August 25, 2026
- Last working day: August 25, 2026
- DIN: 08352752
- Reason stated: Personal reasons
- Dr. Jain confirmed no other material reasons for resignation and no unresolved matters requiring Board attention
Succession Plan
The Company stated that technology, innovation and R&D initiatives will continue to be led by Mr. Dinesh Patidar (DIN: 00549552), Chairman cum Whole-time Director of the Company. Mr. Patidar has been instrumental in driving the Company's product development, engineering and innovation agenda.
Company Statement
The Company placed on record its appreciation for Dr. Jain's contributions during his tenure and stated it remains well positioned to ensure seamless execution of its technology roadmap and growth plans due to Mr. Patidar's deep domain expertise, extensive industry experience and active involvement in strategic and R&D initiatives.
Filing Details
- Address: Plot No C-04 Silver Spring Phase-2 Business Park, By Pass Road, Indore, MP, India, 452020
Financial Impact
No financial impact quantified in the disclosure. The resignation is presented as a personnel change with continuity maintained through existing leadership.