Pace Digitek Limited has informed the Exchange regarding 'Intimation about Resignation of Senior Management Personnel (SMP)'.
PACEDIGITK · price
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Pace Digitek Limited has informed the stock exchanges that Mr. Sathya Seelan T, Head – ICT – Technical & Operations, has resigned from his position as a Senior Management Personnel (SMP). His resignation takes effect from the close of business hours on March 6, 2026, and he had first intimated the company about his decision on December 15, 2025. The reason cited is personal, specifically a career change. The company has stated that the resignation will be noted in the upcoming board meeting. In his resignation email, Mr. Sathya Seelan mentioned he had been with the organisation for about two years and offered to help with the transition, including knowledge transfer to a nominated employee.
This is a routine senior-level exit driven by personal career reasons, not a governance red flag. Shareholders should monitor whether a replacement is announced promptly for the ICT business head role, as leadership continuity in the telecom & ICT unit matters for ongoing projects. The resignation is unlikely to materially move the stock on its own.