Nature of the Event
Disclosure of the resignation of Mr. Jayesh Patni from the position of Chief Financial Officer (CFO) of Sungold Media and Entertainment Limited, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
Key Details from Annexure-A
Name of Individual: Mr. Jayesh Patni
Designation: Chief Financial Officer
Reason for Cessation: Resignation from the post of Chief Financial Officer due to his pre-occupied schedule.
Effective Date of Resignation: The resignation is effective from the closing of business hours on May 28, 2026. The resignation letter is also dated May 28, 2026.
Brief Profile & Relationships: The disclosure states 'Not Applicable' for both the brief profile of the director and the disclosure of relationships between directors.
Details from Resignation Letter
The resignation letter, addressed to the Board of Directors, confirms the resignation is effective from the closing of business hours on May 28, 2026. The stated reason is the individual's "pre occupied schedule." The letter expresses gratitude to the Board, Managing Director, leadership team, and colleagues for their support and guidance during his tenure.
Regulatory References & Filing
Regulation: Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015.
SEBI Circular: SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
Company Secretary: The disclosure was signed by Bhavya Devang Maniyar, Company Secretary and Compliance Officer (Membership No.: A62856).
Financial & Operational Impact
The disclosure does not quantify any financial impact resulting from the resignation. No operational disruptions or contingent liabilities are mentioned.