MPS Limited has informed the Exchange regarding Resignation of Mr Sreenivas Trichy Venkatraman as Other of the company w.e.f. August 03, 2026.
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MPS Limited announced the resignation of Mr. Sreenivas Trichy Venkatraman from his position as Chief Operating Officer (designated as Senior Management Personnel). He tendered his resignation on May 5, 2026, citing personal reasons. The resignation will be effective from the close of business hours on August 3, 2026, providing approximately a 3-month notice period. The Company has accepted the resignation. This is a Key Managerial Personnel (KMP) level departure. The announcement was made to comply with SEBI Listing Regulations (Regulation 30) disclosure requirements.
The resignation of the COO represents a significant change in senior leadership. While personal reasons and a reasonable transition period provide some stability, the departure of a KMP could create uncertainty about operational continuity and may be viewed cautiously by investors until a replacement is announced.