Astec LifeSciences Limited has informed the Exchange regarding resignation of Mr. Vivek Ramchandra Thorat as Associate Vice President-Operations of the Company w.e.f. close of working hours on October 24, 2025.
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Mr. Vivek Ramchandra Thorat has resigned from his position as Associate Vice President-Operations of Astec LifeSciences Limited, effective from the close of working hours on October 24, 2025. No reason for the resignation has been disclosed in the filing. The announcement was made by the company to the NSE exchange as part of standard corporate disclosure requirements.
This is a senior operational role exit and may require some attention, but the resignation of an Associate VP-Operations is unlikely to materially affect the stock price or day-to-day operations. Shareholders may want to monitor if further senior-level exits follow.