CTENSECambridge Technology Enterprises Limited· Computers - SoftwareMediumNegative
Announced Sat, 9 May · 18:17 IST

Cambridge Technology Enterprises Limited has informed the Exchange about change in Management that Mr. Srinivas Medepalli (DIN: 08727174), Non-Executive and Independent Director of the Company has tendered his resignation as the Non-Executive and Independent Director of the Company, with effect from the close of business hours on May 08, 2026 due to personal reasons. Consequently, he shall also cease to be a member of the Nomination and Remuneration Committee of the Company.This is for information and record.

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹32.21
prior close
₹32.31
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After-mkt
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AI summary

Mr. Srinivas Medepalli (DIN: 08727174) has tendered his resignation as Non-Executive and Independent Director of Cambridge Technology Enterprises Limited, effective from the close of business hours on May 08, 2026. The stated reason is personal reasons. As a consequence, he also ceases to be a member of the Nomination and Remuneration Committee of the Company. The Independent Director has confirmed that there are no other material reasons for his resignation beyond the personal reasons cited.

Likely market impact

The resignation reduces the Board's Independent Director composition and leaves a vacancy in the Nomination and Remuneration Committee. Shareholders should monitor for timely replacement to maintain compliance with listing regulations.