Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors ....
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Kotia Enterprises Limited announced that Mr. Anil Gupta (DIN: 00468470) has resigned from the post of Managing Director of the company, effective from the close of business hours on October 8, 2025. The decision was taken at a Board meeting held the same day from 3:00 PM to 3:50 PM. Mr. Gupta cited personal reasons and professional commitments as the cause of his resignation, with no other material reasons stated. Importantly, he will continue to serve on the Board as a Director. The intimation was signed by Director Vikas Bansal (DIN: 07094135) and filed with both BSE and Metropolitan Stock Exchange under SEBI Listing Regulations.
This is a top-level leadership change but not a full exit — Mr. Gupta stays on the Board as a Director. For shareholders, this means continuity of strategic oversight is preserved, though the company will need to appoint a new Managing Director, which may introduce short-term uncertainty until a replacement is named.