Clarification Letter
Regulatory Context and Discrepancy
- BSE raised a discrepancy remark regarding the company's failure to inform about the resignation of director within 24 hours from the effective date of resignation
- The exchange specifically noted missing information about listed entities in which the resigning director held directorships
Company's Response to Discrepancy
- The company cited SEBI (LODR) Regulations, 2015 Part A of Schedule III, which requires disclosure of independent director resignation within seven days from the effective date
- Received resignation letter of Mr. Rohit Kumar, Independent Director (DIN: 10881518) on 22nd August 2026, effective from same date
- Disclosure was made to BSE on 31st August 2026
Reason for Delay
- The delay was attributed to: transition in the office of the Company Secretary, handover of records and pending compliance matters, communication gap during transition period, and intervening festival/nonworking days
- Company stated the delay was inadvertent, neither intentional nor deliberate
- The company has strengthened its internal compliance mechanism to ensure timely filings in future
Resignation Details
- Director: Mr. Rohit Kumar, Independent Director
- DIN: 10881518
- Resignation Date: 22nd August 2026
- Effective Date: 22nd August 2026
- Reason for Cessation: Resignation due to personal and professional commitments requiring greater time and attention
- Other Listed Entity Directorships: NIL (as confirmed in Annexure A)
- Additional Material Reasons: None (as confirmed in resignation letter)
Signatories and Authentication
- Company Representative: Rishabh Aneja, Director (DIN: 02127744)
- Digital Signature Dates: 2026.09.02 09:34:14 +05'30' and 2026.09.02 09:34:34 +05'30'
- Resignation Letter Signed By: Rohit Kumar, digitally signed on 2026.08.22
Financial Impact
Financial impact not quantified in the disclosure.