Please find attached Disclosure under Regulation 30(5).
Awaiting price reaction for this filing.
Kashyap Tele-Medicines Limited (BSE Scrip Code: 531960) has disclosed an updated list of Key Managerial Personnel after the sudden exit of two senior officials. Mr. Amit Agrawal resigned as Managing Director and Mr. Raghav Agrawal resigned as Chief Financial Officer, both effective May 24, 2025. The company has appointed Mr. Kalpesh Bipin Sheth as the new Managing Director and Mrs. Heena Kalpesh Sheth as Whole Time Director in their place. The filing is made under SEBI's Regulation 30(5) to update the stock exchange on who is now authorized to determine materiality of corporate events. The new MD, Kalpesh Bipin Sheth, has signed and submitted the disclosure dated May 26, 2025.
The simultaneous resignation of both the Managing Director and CFO is a significant governance event that may create short-term uncertainty and negative sentiment among shareholders. While replacements have been announced quickly, the abrupt back-to-back exits of two top KMPs could raise questions about internal stability and warrant close monitoring of further disclosures.