Nintec Systems Limited has informed the Exchange about Resignation of Director/KMP/SMP
NINSYS · price
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Nintec Systems Limited announced the resignation of two senior management personnel effective May 8, 2026. Mr. Rushikesh Rajendra, who served as Chief Human Resources Officer (CHRO) and Senior Vice President – Strategic Initiatives, resigned due to prior other commitments. Mr. Parag Shah, Head of SEPG (Software Engineering Process Group), resigned due to personal reasons. Both departures are effective from the close of business on May 8, 2026. The company filed this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No immediate replacements have been announced for either position.
The simultaneous departure of two senior executives, including the CHRO, could raise concerns about management stability and may be viewed negatively by investors, especially without an accompanying announcement of replacements.