PDS Limited has informed the Exchange regarding Resignation of Mr Daneil Coen as President Strategy & Markets of the company w.e.f. July 11, 2025.
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PDS Limited has informed the stock exchanges about the resignation of Mr. Daniel Coen from the position of President - Strategy & Markets and Senior Management Personnel, effective July 11, 2025. The resignation has been cited as being due to personal reasons, and he will be relieved in accordance with the terms of his employment. In his resignation letter, Mr. Coen expressed gratitude to the Board and management for the opportunity and wished the company continued success. The disclosure has been made in compliance with SEBI Listing Regulations.
This is a senior management-level exit due to personal reasons, which may create a short-term leadership gap in the strategy and markets function. However, since the resignation is not attributed to any governance, financial, or performance concerns, the impact on shareholders is likely to be limited. Investors should watch for any subsequent announcement regarding a replacement.