Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Sachin Parab
- Designation: Chief Operating Officer (COO) and Key Managerial Personnel
- Reason for Resignation: To explore opportunities outside the organization
- Effective Date of Resignation: October 1, 2026 (close of business hours)
- Date of Resignation Letter: September 16, 2026
- Duration in Role: Not Specified
- Board’s Acknowledgment / Statement: The Company has accepted his resignation
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations and Master Circular No. SEBI/HO /49 /L4/L4(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026
- Delay in Disclosure: Not Specified
Analytical Add-On: The resignation appears to be a voluntary career move rather than performance-linked or abrupt. As COO is a key operational role, this change could affect operational continuity and execution oversight, though no immediate disruption is indicated.
Section B – Additional Observations or Disclosures
Not Specified
Section C – Financial & Governance Disclosures
Not Specified