Deepak Nitrite Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Deepak Nitrite Limited has informed the exchange that Mr. Subash Dhar, Head - Technology, has completed his fixed-term appointment with the company. Mr. Dhar was originally appointed on June 25, 2020, and his term ended at the close of business hours on June 30, 2025. The disclosure has been made under Regulation 30 of SEBI Listing Regulations read with Clause A-7 of Part A of Schedule III, which is the standard requirement for changes in Key Managerial Personnel. The company has not disclosed a replacement or any other details beyond the cessation of his term.
This is a routine end-of-term event for a senior technology leadership role and is unlikely to have a material impact on the stock. Investors may watch for an announcement on succession planning for the technology function.