Trustedge Capital Limited filed a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the resignation of Mr. Jayprakash Labhshankar Raval from his positions.
Key Personnel Changes
Mr. Jayprakash Labhshankar Raval resigned from the position of Chief Financial Officer and Key Managerial Personnel of the Company with effect from the close of business hours of October 17, 2026.
Reason for Resignation
Personal reasons as stated in both the main disclosure and the resignation letter.
Regulatory Compliance Details
The resignation was disclosed under:
- Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Para A of Part A of Schedule III to the Listing Regulations
- SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Section 203 of the Companies Act, 2013
Legal Status Change
Mr. Raval ceased to be a Key Managerial Personnel under:
- Section 203 of the Companies Act, 2013 effective closure of business hours October 17, 2026
- Regulation 30(5) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015
Documentation Filed
The disclosure includes two annexures:
- Annexure A: Details required under SEBI regulations in tabular format
- Annexure B: Resignation letter from Mr. Jayprakash Labhshankar Raval
Annexure A Details
The tabular disclosure includes:
- Reason for change: Resignation as CFO and KMP effective October 17, 2026
- Date of cessation: October 17, 2026 at closure of business hours
- Term of appointment: Not Applicable
- Brief profile: Not Applicable
- Relationships between directors: Not Applicable
Resignation Letter Contents (Annexure B)
Mr. Raval's resignation letter dated October 17, 2026 states:
- Resignation effective closing hours of October 17, 2026
- Confirmation that there are no other material reasons for resignation beyond personal reasons
- Request for compliance with Companies Act, 2013 and SEBI Listing Regulations
- Expression of thanks for support during tenure
Financial Impact
No financial impact quantified in the disclosure.
Capital Structure Impact
No change to capital structure mentioned in the disclosure.