With reference to the intimation filed on 05th January 2026 regarding resignation of Chief Financial Officer of the company, the same is now filed with the reasons thereof.
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Mr. Sanjay Bihari Pal has resigned from the position of Chief Financial Officer of the company, effective from the close of business hours on 5th January 2026. The reason cited for his exit is personal preoccupations. This filing is a follow-up to an earlier intimation dated 5th January 2026, now submitted with the detailed reasons as required under SEBI LODR Regulation 30. The Board has placed on record its appreciation for his contributions during his tenure.
Investors should watch for the appointment of a new CFO. A prolonged vacancy at the finance leadership level could create short-term uncertainty around financial reporting and governance continuity.