Intimation of Resignation of Whole time Director of the Company
Awaiting price reaction for this filing.
TMT (India) Limited's board, at its meeting held on May 30, 2025, approved the immediate resignation of Mr. Venu Krishna Kishore Babu Pasam (DIN: 06734586) from the position of Whole Time Director. The reason cited was 'pre-occupation and personal commitments,' which is a routine and personal explanation. The detailed resignation letter with full reasons has not yet been filed. In the same meeting, the board also approved the audited financial results for the quarter and full year ended March 31, 2025, along with noting the auditors' report. No replacement director has been announced.
This is a Key Managerial Personnel (KMP) exit at a small-cap company, which may cause short-term governance uncertainty, but the stated reason is routine and the simultaneous approval of annual audited results keeps the business fundamentals intact for now.