Change in Director / Key Managerial Personnel
Nature of change: Resignation of Chief Operations Officer and Senior Management Personnel
Name and DIN of the individual: Mr. Manoj Kumar (DIN not disclosed in the data)
Effective date and tenure: Resignation tendered on July 16, 2026. Will be relieved from duties with effect from close of business hours on September 11, 2026. The notice period is in accordance with the terms of his employment.
Reason for resignation: Personal reasons
Previous KMP: Mr. Manoj Kumar held the position of Chief Operations Officer and Senior Management Personnel. His resignation was accepted, and he will serve his full notice period until September 11, 2026.
Successor appointment: Reference is made to the company's disclosure dated June 15, 2026, regarding the appointment of Mr. Shashi Gumma as Chief of Operations.
Brief Profile of Mr. Shashi Gumma:
- Seasoned retail industry leader with over two decades of experience
- Experience spans food and grocery retail, B2B distribution, and large-format retail operations
- Alumnus of Indian Institute of Technology (IIT), Kharagpur
- Alumnus of Indian Institute of Management (IIM), Ahmedabad
- Previously served as Chief Executive Officer and Managing Director of SPAR India
- Held senior leadership positions including Chief Operating Officer at Metro Cash & Carry India
- Served as Chief Business Officer at ElasticRun
- Former Chief Executive Officer of More Retail
Resignation Communication Details
From: Manoj Kumar - COO
To: Gunender Kapur
Cc: Dhruva Kumar Dubey; Sidhant Dalal
Date: July 16, 2026, 04:25 PM
Subject: Resignation
Content: Formal resignation from position as Chief Operations Officer (COO) and Senior Management Personnel due to personal reasons. Commitment to serve full notice period with last working day as September 11, 2026. Promise to ensure smooth transition during remaining time. Expression of gratitude for trust, support, and opportunity to serve the company.