Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with relevant provision of Companies Act, 2013, we would like to inform that ....
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Sidh Automobiles Ltd informed the stock exchange that two key managerial personnel resigned on 19 February 2026: Mr. Jignesh Keshav Barot stepped down as Chief Financial Officer and Mr. Anil Sharma (DIN: 02928210) resigned as Managing Director. Both cited "personal and unavoidable circumstances" as the reason. The resignations were noted at a board meeting held on the same day from 4:00 PM to 4:30 PM, based on the recommendation of the Nomination and Remuneration Committee. No replacement appointments were announced in this filing, leaving the company's top finance and executive roles vacant. The resignations take immediate effect, and the company has submitted the required disclosures and resignation letters to the exchange.
Simultaneous exit of the CFO and Managing Director raises governance and continuity concerns for shareholders. With no replacements named, investors may watch for follow-up announcements on new leadership, as prolonged vacancies at the top can affect operational and investor confidence.