Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Nimish Shah
- Designation: Executive Vice President and Financial Controller
- Reason for Resignation: To pursue opportunity outside of the Company.
- Effective Date of Resignation: 12th October 2026 (ceases to be an SMP effective from close of business hours)
- Date of Resignation Letter: Initially informed on June 4th 2026
- Duration in Role: Not Specified
- Board’s Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further, pursuant to provisions of Regulation 30 r/w sub-para 7C of Para A of Part A of Schedule III of SEBI Listing Regulations, copy of resignation letter is enclosed.
- Delay in Disclosure: Not Specified
Analytical Add-On: The resignation appears to be a planned career move, with the employee initially informing on June 4th 2026 and requesting a last working day of October 8th 2026, though the final agreed date is October 12th 2026. The resignation of a Financial Controller role could have implications for financial reporting continuity and oversight during the transition period.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: The resignation email mentions assisting with a smooth transition and marks Chinmaya (likely a colleague) for coordination. The final working date was finalized post discussion with Pradeep (likely a senior manager).
- Successor Appointments: Not Specified
Section C – Financial & Governance Disclosures
Not Present in the provided data.