Intimation of resignation of KMP, Disclosure under Reg 30 read with sub-para 7C of Para A of Part A of Schedule III of SEBI( Listing Obligations and Disclosure requirement) Regulations, 2015
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Saven Technologies has informed the stock exchanges that Ms. Jayanthi P has resigned from the post of Company Secretary, Compliance Officer, Nodal Officer, and designated person under Section 90 of the Companies Act, 2013, with effect from the close of business hours on 14th May 2025. She cited personal reasons for her departure and requested to be relieved at the earliest. The resignation letter has been enclosed with the intimation filed under SEBI Listing Regulations. The communication has been signed by Murty Gudipati, the Managing Director and CEO of the company.
This is a routine KMP-level departure and not a board-level or CEO/CFO exit, so it is unlikely to materially affect the stock price. However, until a replacement is appointed, shareholders should watch for any governance or compliance delays.