Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Deepak Jain
- Designation: Independent Director
- Reason for Resignation: Other professional commitments and time constraints
- Effective Date of Resignation: Close of business hours of June 1, 2026
- Date of Resignation Letter: June 1, 2026
- Duration in Role: Not Specified
- Board's Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
- Delay in Disclosure: No delay indicated; resignation dated June 1, 2026 disclosed on June 2, 2026
Analytical Add-On: The resignation appears routine and planned, citing professional time constraints. As an Independent Director rather than an executive role (CEO/CFO), this resignation is less likely to directly impact financial reporting integrity, capital allocation decisions, or operational continuity. The confirmation of no other material reasons suggests no underlying governance conflicts or performance issues.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
Not applicable - no financial results, auditor reports, dividends, capital changes, or other board appointments disclosed in this filing.