Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Sanjeev Agrawal
- Designation: Non-Executive Non-Independent Director
- Reason for Resignation: Enhanced professional commitments, which will not permit him to devote adequate time and attention to the affairs of the Company and the Board.
- Effective Date of Resignation: 15th September 2026
- Date of Resignation Letter: 15th September 2026
- Duration in Role: Not Specified
- Board’s Acknowledgment / Statement: The Board of Directors places on record its appreciation for the valuable contribution, guidance and support extended by Mr. Sanjeev Agrawal during his tenure as a Director of the Company.
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
- Delay in Disclosure: Not Specified
Analytical Add-On: The resignation is from a non-executive role, limiting its direct impact on day-to-day financial reporting and operational continuity. The stated reason is routine (professional commitments) and the director has confirmed no other material reasons exist, suggesting a planned and non-contentious departure. The concurrent resignation from the Audit Committee removes his oversight role on financial matters.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: Mr. Agrawal confirmed he is stepping down as a member of the Audit Committee of the Company effective 15th September 2026. No details on interim arrangements or reallocation of his committee responsibilities were provided.
- Successor Appointments: Not Specified.
Section C – Financial & Governance Disclosures (If Present)
This section is not applicable as the disclosure contains no financial results, auditor reports, capital allocation announcements, or other board appointments beyond the resignation.