Resignation of Mr. Amit Nandwana, Chief Technology Officer w.e.f. close of business hours on 4th May, 2026.
BANSWRAS · price
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Mr. Amit Nandwana, Chief Technology Officer and Senior Management Personnel of Banswara Syntex Limited, has tendered his resignation effective close of business hours on 4th May, 2026. The company has acknowledged his resignation and confirmed he will be relieved from duties as per the stated date. The reason cited for the resignation is personal reasons. This disclosure has been made under Regulation 30 read with Para A(7) of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation letter has been enclosed with the filing.
The departure of a senior technology executive may create a leadership gap in the company's technology function. Investors should monitor for announcement of a successor, as CTO departure could affect technology strategy execution and initiatives. However, the personal reasons cited suggest no immediate governance or performance concerns.