Olectra Greentech Limited has informed the Exchange regarding Resignation of Mr Rajesh Reddy Peketi as Executive Director of the company w.e.f. November 05, 2025.
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Olectra Greentech Limited has informed the stock exchange that Mr. Rajesh Reddy Peketi has resigned from his position as Executive Director of the company. His resignation takes effect from November 05, 2025. The company has not disclosed the reason for his departure in this filing. No details about succession or replacement have been provided in this announcement. Olectra Greentech is primarily known for its electric bus manufacturing and power infrastructure businesses.
Shareholders should watch for further clarity on the reasons behind the resignation and the company's succession plan. Sudden exits of executive directors without context can sometimes create short-term uncertainty around leadership continuity, potentially affecting investor sentiment.