Section A – KMP Resignation Details
- Name of Resigning KMP: Vineet Jain
- Designation: Chief Operating Officer (designated as Senior Management Personnel)
- Reason for Resignation: To pursue a new opportunity aligned with broader mandate and future growth aspirations
- Effective Date of Resignation: Close of business hours on July 15th, 2026
- Date of Resignation Letter: June 10th, 2026
- Duration in Role: Not Specified
- Board's Acknowledgment / Statement: Not explicitly stated in disclosure
- Replacement Appointed: Anand Agarwal, Chief Financial Officer, designated as new Chief Operating Officer in addition to existing responsibilities
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
- Delay in Disclosure: Not applicable (disclosure made on same date as resignation letter)
Analytical Add-On: The resignation appears to be a planned career move rather than abrupt, with a 35-day transition period. The designation of the existing CFO as additional COO suggests continuity in operational leadership without immediate external hiring.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Mr. Anand Agarwal, Chief Financial Officer (already designated as Senior Management Person/Key Managerial Person), shall be designated as the new Chief Operating Officer in addition to his existing responsibilities in accordance with the company's succession planning framework.
- Successor Appointments: The CFO Anand Agarwal will assume COO responsibilities alongside his current role, indicating internal promotion and consolidation of leadership functions.
Section C – Financial & Governance Disclosures
Not applicable - no financial results, auditor reports, dividends, capital changes, or additional board appointments disclosed in this filing.