Banco Products (I) Limited has informed the Exchange regarding Intimation of Resignation of Mr. Venkata Ranganath Kumar Sami (DIN: 11090878) as the Whole-time Director (Innovations) and Chief Technical Officer (CTO) of the Company.
BANCOINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Venkata Ranganath Kumar Sami (DIN: 11090878) has resigned from his roles as Whole-time Director (Innovations) and Chief Technical Officer (CTO) of Banco Products (India) Limited, effective March 31, 2026 (after close of business hours). He had been with the company for about two and a half years and is stepping down for personal reasons, specifically to relocate to his native place and be closer to his parents. His resignation letter was submitted on January 2, 2026, and he served the agreed three-month notice period. No details were provided on his successor.
The exit of a senior technical leader after a short tenure may raise minor concerns about continuity in innovation and R&D leadership, but the resignation is for personal reasons and the company had a structured three-month transition. Short-term stock impact is likely limited, though investors should watch for an update on a replacement CTO.