Divgi Torqtransfer Systems Limited has informed the Exchange regarding Outcome of Board Meeting held on March 25, 2026.
DIVGIITTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Divgi Torqtransfer Systems, at its meeting on March 25, 2026, noted and accepted the resignation of Mr. Pulak Das from the post of Chief Information Officer and Senior Management Personnel. Mr. Das ceases to be CIO with effect from the close of working hours on March 25, 2026, citing professional interests. The resignation had already been accepted by management on March 23, 2026, and a prior intimation was sent to the stock exchanges on March 24, 2026. The board meeting lasted about 37 minutes (12:30 PM to 1:07 PM). No replacement or successor has been announced in this filing.
The exit of the CIO is a senior management change but the company has cited personal/professional reasons rather than any governance or performance issues. Short-term impact on the stock is likely limited, though investors may watch for clarity on succession planning and the appointment of a new CIO.