We hereby inform the Exchange of the completion of tenure of Mr. N K Suryanarayanan (DIN: 01714066) as Managing Director and CEO of the Company and his continuation as a Non-Executive Director of the Company. Detailed letter is enclosed.
SEPC · price
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SEPC Limited has informed the stock exchanges that Mr. N K Suryanarayanan's tenure as Managing Director and CEO ended at the close of business on September 23, 2025. Rather than leaving the company entirely, he will continue on the board as a Non-Executive Director from September 24, 2025. The company has confirmed he is not barred from holding any directorship by SEBI or any other authority. Mr. Suryanarayanan is not related to any other director on the board. The company has not yet announced a replacement for the MD and CEO role.
This is a leadership transition at the top — the CEO seat is now vacant, which may create short-term uncertainty until a successor is named. However, the outgoing MD/CEO staying on as a non-executive director provides continuity, and the absence of any regulatory bar on him is a positive governance signal for shareholders.