Mindteck (India) Limited has informed the Exchange regarding Cessation of Mr Jigar Vasani as Vice President - Sales of the company w.e.f. February 28, 2026.
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Mr. Jigar Vasani has resigned from the position of Vice President - Sales at Mindteck (India) Limited to pursue interests outside the organisation. His last working day will be February 28, 2026, with the resignation letter dated January 2, 2026. The company has disclosed this under SEBI Listing Regulations, confirming there are no other reasons for the departure beyond personal career interests. The intimation was signed by Sathya Raja G., AVP, Legal and Company Secretary.
This is a senior management-level exit in the sales function, but Mr. Vasani is not part of the board or top leadership (CEO/CFO). The impact on shareholders is likely limited unless it triggers concerns about sales pipeline or customer relationships. Investors may watch for any replacement announcement to assess continuity in the sales leadership.