Section A – KMP Resignation Details
Name of Resigning KMP: Mr. Ramesh Shah
Designation: Non-executive Independent Director
Reason for Resignation: Conclusion of his second term as an Independent Director.
Effective Date of Resignation: September 26, 2026 [upon conclusion of the 34th Annual General Meeting].
Date of Resignation Letter: September 26, 2026
Duration in Role (if available): Not Specified
Board’s Acknowledgment / Statement: The disclosure states the cessation was due to the conclusion of his term. His resignation letter expressed gratitude for the opportunity, described the tenure as "enriching" and "professionally rewarding," and noted a shared commitment to high standards of corporate governance.
Replacement Appointed (if any): Not Specified
Regulatory Compliance Statement (SEBI LODR, Circulars): The disclosure is made pursuant to Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.
Delay in Disclosure (if applicable): Not Specified. The disclosure is dated the same day as the effective date of resignation.
Section B – Additional Observations or Disclosures
Transition & Internal Role Reallocations: The cessation is presented as a standard, planned conclusion of a term limit. The director's letter indicates a smooth transition with no mention of internal role reallocations or the director taking up a new role within the company.
Successor Appointments: Not Specified.
Section C – Financial & Governance Disclosures (If Present)
This section is not applicable as the disclosure is solely regarding the cessation of a director. No audited financial results, auditor's report, dividends, capital changes, or other board appointments were disclosed in the provided data.