Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), we would like to inform that Mr. Rajiv Kumar, Senior President Sales, designated as Senior Management Personnel of the Company, has tendered his resignation vide letter dated 13th May, 2025 from the said position, due to personal reasons, with effect from the closing of business hours of 13th May, 2025.
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Signatureglobal (India) Limited has informed stock exchanges that Mr. Rajiv Kumar, Senior President – Sales and a designated Senior Management Personnel, has resigned from the company effective end of business hours on 13th May, 2025. The resignation is due to personal reasons, and no other details (such as replacement plans or reasons beyond 'personal') have been disclosed. The communication has been filed under SEBI Listing Regulations, with the resignation letter and required details attached as annexures. This is a senior commercial/sales leadership exit from a listed real estate developer.
Loss of a senior sales leader may create short-term uncertainty around sales strategy and execution, though the resignation is attributed to personal reasons and is not a board-level or KMP exit. Investors should watch for any communication on a replacement, as the Sales head is a key role in a real estate company.