Ajax Engineering Limited has informed the Exchange regarding Resignation of Mr Gautam Eunny as Other of the company w.e.f. Jun 18, 2025.
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Ajax Engineering Limited has informed the exchanges that Mr. Gautam Eunny, Chief Marketing Officer (designated as Senior Management Personnel), has resigned from the company effective from the close of business hours on June 18, 2025. The reason cited is personal reasons, as stated in his resignation email addressed to the CEO. He was not a director on the board. The company has disclosed this under SEBI Listing Regulations, and further details have been attached as annexures. The Company Secretary has signed off on the disclosure.
This is a senior management exit (CMO level) rather than a board-level or KMP change. While CMO departures can create short-term disruption in marketing strategy and brand execution, the resignation is for personal reasons and does not signal governance concerns. Investors should watch for the appointment of a replacement CMO, but this is unlikely to materially affect the stock price on its own.