ONMOBILENSEOnMobile Global Limited· Telecommunication - ServicesMediumNegative
Announced Tue, 24 Mar · 18:35 IST

Pursuant to the provisions of Regulation 30 read with Schedule III, Part A, Para A (7C) of the SEBI Listing Regulations, 2015, we wish to inform you that Venkatesan Palani, Senior Vice President Products has tendered his resignation with effect from March 18, 2026.

Management Changes View source PDF

ONMOBILE · price

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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹45.90
prior close
₹46.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.1+1.1+0.8-1.5-10.9-7.4-4.1-8.8-2.7+9.2+22.7+12.2+24.4
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AI summary

OnMobile Global has informed the stock exchanges that Venkatesan Palani, Senior Vice President – Products, has resigned from the company due to personal reasons. His resignation is effective March 18, 2026, with his last working day set for June 15, 2026, in line with his notice period. He is also stepping down from directorships in group entities, wherever applicable. The company has recorded its appreciation for his services and contributions. The disclosure is filed under SEBI Listing Regulations for a change in Senior Management Personnel.

Likely market impact

This is a routine senior management transition at the products level, and the company has a built-in notice period to ensure a smooth handover. Investors should watch for any successor announcement, but the resignation itself is unlikely to have a material impact on the stock in the short term.