Section A – KMP Resignation Details

  • Name of Resigning KMP: Parkash Chand
  • Designation: Non-Executive Director
  • Reason for Resignation: Personal reasons
  • Effective Date of Resignation: October 13, 2026 [date of resignation letter]
  • Date of Resignation Letter: October 13, 2026
  • Duration in Role: Not Specified
  • Board’s Acknowledgment / Statement: Resignation approved by the Board of Directors
  • Replacement Appointed: Not Specified
  • Regulatory Compliance Statement: Disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Delay in Disclosure: Not Specified

Analytical Add-On: The resignation appears routine and personal in nature. As a Non-Executive Director representing Life Insurance Corporation of India, the resignation may affect board composition and representation of major institutional shareholders but is unlikely to directly impact financial reporting integrity or operational continuity.

Section B – Additional Observations or Disclosures

  • Transition & Internal Role Reallocations: Not Specified
  • Successor Appointments: Not Specified

Section C – Financial & Governance Disclosures

Not Specified