Greenply Industries Limited has informed the Exchange regarding Resignation of Mr Srinivas Tata as Executive Vice President Chief Digital Officer and Senior Management Personnel (SMP) of the company w.e.f. Jun 18, 2025.
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Mr. Srinivas Tata has resigned from his position as Executive Vice President and Chief Digital Officer (CDO) of Greenply Industries, effective from the close of business hours on June 17, 2025. He had submitted his resignation letter dated May 3, 2025, stating his intention to pursue an external professional opportunity. Mr. Tata had been associated with Greenply for over four years (approximately 52 months). The company has disclosed this change in Senior Management Personnel under SEBI Listing Regulations, and his departure is described as a personal career move.
This is a senior management exit but not at the CEO or board level, so the immediate impact on the stock is likely limited. However, investors may watch for how quickly a replacement CDO is appointed, as digital strategy leadership is important for a consumer-facing brand like Greenply.