Company Disclosure Clarification

Skyways Air Services Limited (formerly Skyways Air Services Private Limited) provides clarification regarding the timeline for disclosure of resignation of Mr. Kamal Kant Virthare, Associate Vice President-Human Resource (HR), who was classified as Senior Management Personnel (SMP) of the Company.

Nature of Event

Resignation of Senior Management Personnel - Mr. Kamal Kant Virthare, Associate Vice President-Human Resource (HR).

Key Dates

  • Resignation effective date: October 31, 2026
  • Disclosure submission date to Exchange: November 3, 2026
  • Clarification letter date: November 5, 2026

Disclosure Content Submitted

The Company submitted the following required details in its announcement dated November 3, 2026:

  • Reason for change (resignation)
  • Date of cessation (October 31, 2026)
  • Brief profile (in case of appointment - not applicable for resignation)
  • Disclosure of relationships between directors (not applicable for resignation)
  • The announcement included Annexure A with required details and Annexure B with the resignation letter of Mr. Kamal Kant Virthare

Reason for Delay

The Company attributes the delay to an inadvertent oversight in understanding the applicable timeline for disclosure of changes in SMP. The Company held a bona fide understanding that disclosure was required within seven days from the effective date of resignation under Para A(7C) of Part A of Schedule III of Regulation 30 of LODR Regulations.

Company Position

The Company submits that there was no deliberate or wilful intention to withhold or suppress any information from the Stock Exchange or investors. The Company remains committed to ensuring transparency and compliance with applicable provisions of SEBI LODR Regulations, 2015.

Request to Exchange

The Company requests the Exchange to:

  • Take the clarification on record
  • Consider the disclosure already made on November 3, 2026
  • Take a lenient view of the inadvertent delay

Future Commitment

The Company assures necessary care and due diligence will be exercised to ensure timely compliance with all applicable disclosure requirements in future.