Section A – KMP Resignation Details
Name of Resigning KMP: Mr. Parshotam L. Vasoya (DIN: 09229252)
Designation: Independent Director
Reason for Resignation: Cessation upon completion of existing term. The existing tenure expired on 22nd August, 2026.
Effective Date of Resignation: 22nd August, 2026
Date of Resignation Letter: Not Specified
Duration in Role: Not Specified
Board’s Acknowledgment / Statement: The Company places on record its sincere appreciation for the valuable contribution and services rendered by Mr. Parshotam L. Vasoya during his tenure as an Independent Director.
Replacement Appointed: No immediate replacement appointed. The Company will initiate the process of identifying and evaluating a suitable candidate for appointment as an Independent Director in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Regulatory Compliance Statement: Disclosure made as required under Regulation 30 of the SEBI (LODR) Regulations, 2015 and pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
Delay in Disclosure: Not Specified
Section B – Additional Observations or Disclosures
Transition & Internal Role Reallocations: Not Specified
Successor Appointments: The process of identifying a successor will be initiated. The Company shall make the requisite disclosure to the Stock Exchanges upon finalisation of the appointment.
Section C – Financial & Governance Disclosures
This section is not applicable as the disclosure pertains solely to the cessation of the director and contains no financial results, auditor reports, dividends, or other board updates.