Section A – KMP Resignation Details
- Name of Resigning KMP: Mahendra Kumar Servaiya
- Designation: Chief Credit Officer and Principal Officer
- Reason for Resignation: Personal reasons citing "tender age and health issues experiencing since last one year"
- Effective Date of Resignation: Close of business hours of July 31, 2026
- Date of Resignation Letter: June 17, 2026
- Duration in Role: Over 9 years (mentioned building company "from scratch")
- Board's Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation(s) 30 and 51 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
- Delay in Disclosure: Not Specified
Analytical Add-On: The resignation appears to be personal/health-related rather than performance-linked or regulatory-linked. The individual specifically confirmed "there is no material reason for my resignation." As Chief Credit Officer, this role oversees credit risk management, which could impact lending decisions and portfolio quality, though no immediate operational disruption is indicated.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Not Specified
- Successor Appointments: Not Specified