Disclosure under Regulation 30 of SEBI (LODR), Regulations 2015- Resignation ofPresident of Operations
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On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 1.1 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Power & Instrumentation (Gujarat) Limited has informed stock exchanges that Mr. Kuldeep M. Rathod has resigned from his position as President - Operations, effective July 11, 2025. The company received his resignation letter on the same day and has disclosed the change under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30). No reason for the resignation was provided in the letter. The communication was signed by Maunishkumar Gandhi, the Company Secretary and Compliance Officer.
The departure of a senior KMP like the President of Operations may raise short-term concerns about operational continuity, though no reason was cited. Investors should watch for clarity on succession planning and any impact on ongoing projects.