Nintec Systems Limited has informed the Exchange about Resignation of Director/KMP/SMP
NINSYS · price
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NINtec Systems Limited disclosed the resignation of two Senior Management Personnel effective May 8, 2026. Mr. Rushikesh Rajendra, Chief Human Resources Officer (CHRO) and Sr. VP - Strategic Initiatives, resigned citing prior other commitments. Mr. Parag Shah, Head - Software Engineering Process Group (SEPG), resigned citing personal reasons. Both resignations were disclosed under SEBI Regulation 30 and are effective from the closure of business hours on May 8, 2026. The company filed this disclosure on May 8, 2026 with BSE (Security Code: 539843) and NSE.
The simultaneous resignation of two senior management personnel on the same day, including the CHRO role, may raise concerns about leadership stability and could be viewed negatively by investors, particularly given no immediate replacement plans were disclosed.