This is inform to the exchange that the Mr. Rajgopalan Iyenger resign from the position of the Managing Director of the Company w.e.f 8th April 2026. Kindly take the same on your record.
EMPOWER · price
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Mr. Rajgopalan Iyengar has resigned from both positions of Managing Director and Chief Financial Officer of Empower India Ltd with effect from April 8, 2026. The resignation is due to medical reasons requiring his immediate and complete attention. The Board meeting held on April 9, 2026 formally noted and approved this resignation. Mr. Iyengar has confirmed there are no material reasons other than his medical condition. He held DIN 00016496 and did not hold any directorships in other listed entities. This departure leaves both the top executive and financial oversight roles vacant simultaneously.
The simultaneous resignation of both the Managing Director and CFO creates a significant governance concern as two critical leadership positions are now vacant. Shareholders should monitor for appointment announcements and assess the company's operational stability going forward.